Long - term debt or term loans are used to finance assets with longer lives, such as capital equipment or the purchase of land and construction of a plant or building. (marsdd.com)
The additional leverage pushes up asset prices until the cost of financing the assets exceeds the yield the assets throw off by a small margin. (alephblog.com)
If so, you and your ex might be able to agree together to sell your jointly financed assets (e.g., houses or vehicles). (fidelity.com)