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| 1.
| | Term debt is debt which has an agreed term or maturity. |
| | | Normally the term when the debt is drawn down would be greater than one year. |
| Promissory note.
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| 2.
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| Secured loan note.
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| <span style="color:#4B0082">'''''Virgin's loan notes secured on Heathrow landing slots'''''</span>
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| :"Virgin Atlantic Airways secured an impressive £220m senior secured note transaction using the airline's [rights to use] take-off and landing slots at London Heathrow Airport. It is the first time in European air travel history that airport slots have been leveraged in this way."
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| :''The Treasurer magazine, February 2017 p25 - Deals of the Year - Bonds below £500m winner.''
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| 3.
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| ''Accounting''.
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| An additional detailed disclosure within a set of financial statements.
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| == See also == | | == See also == |
| * [[Leverage]] | | *[[Debt]] |
| * [[Notes]] | | *[[Term loan]] |
| * [[Promissory note]]
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| * [[Security]]
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| * [[Senior]]
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Revision as of 13:02, 30 May 2015
Term debt is debt which has an agreed term or maturity.
Normally the term when the debt is drawn down would be greater than one year.
See also
