Long-Term Liability

Long-Term Liability

Any liability with a term of greater than a year. In both investing and personal finance, a long-term liability often is a loan with a long payback period. Examples include a 30-year mortgage or a 10-year Treasury note. See also: Long-term financing.
References in periodicals archive ?
Growth in net pension liabilities and the issuance of overlapping debt may add modest pressure to the county's long-term liability burden.
It says that by rejecting 40,000 objections to controversial changes to trespass law, ministers have failed to properly tackle the issue of long-term liability, leaving landowners at risk long after drilling has stopped.
At the local level, Los Angeles Unified School District has estimated its long-term liability at $10 billion, and Los Angeles County government estimates its at $9 billion.
A policy that dictates 100-percent recycling, ensuring that its clients will not incur any Long-term liability for hazardous waste disposal
New York's law promises to make reuse of these sites more likely through reduced cleanup obligations, long-term liability relief, tax incentives, and lender protection.
Permanent magnet chucks deliver exceptional performance and long-term liability.
However, ignoring these steps creates a long-term liability -- i.
A capital lease, however, is in effect a purchase and results in the recording of an asset (the item leased) and a long-term liability to the lessor.
The new retiree medical benefit also reduces the actuarial value of the long-term liability by $21 million, from $33 million to $11 million.
The 'AA' Issuer Default Rating (IDR) reflects the district's solid revenue growth prospects, low long-term liability burden, adequate reserves, and a moderate amount of budgetary flexibility.
GreenPark offers owners of contaminated property the opportunity to avoid the costs, risks, long-term liability, and perhaps most importantly, the uncertainties created by these properties.
Fitch's calculations showed a modest year-over-year increase in median state long-term liability burdens at 6% of 2016 personal income compared to 5.

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