1 doctor agreed: Yes: Shaking chills and fever can be a sign of a bacterial infection. Often time pneumonia will start first with a viral illness such as a cold but if bacteria grows in the lungsand cause pneumonia, shaking chills, fever, worsening symptoms of cough, discolored phlegm begins.
Types of Long-Term Debt. Overview. In the business world, long-term debt is money that is owed to lenders for a period of more than one year from the date of the current balance sheet. Long-term debt converts to short-term debt when the period left until the debt must be repaid becomes less than one year with the passage of time. Individuals who finance the purchase of high cost items, such as cars, for terms lasting more than a year are also taking on long-term debt obligations.
In general, the basis of a debt instrument is adjusted by the following debt-specific items: 1  Original issue discount (OID) included in income on a taxable debt instrument increases your basis in the debt instrument. Any acquisition premium on the debt instrument reduces the amount of OID you include in income.