Total amount, calculated without duplication, of the financial obligations of the Federation entity assumed by virtue of laws, contracts, agreements or treaties and the carrying out of credit operations for amortization over a period of more than twelve months.

• LRF, art. 29, I; Law No. 4320/1964, art. 98.
• General Concept: Public debt <quanto ao prazo de amortização>.
• Synonym: Debt Founded.