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Long-term liabilities
(redirected from Long-term liability)

   Also found in: Wikipedia, Hutchinson 0.01 sec.
Long-term liabilities
Amount owed for leases, bond repayment, and other items due after 1 year.


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At the local level, long-term liability of the Los Angeles Unified School District alone has been estimated at $10 billion, while Los Angeles County government's liability is estimated at $9 billion.
Therefore, now is the time to create defensive strategic planning to prevent long-term liability risk.
The trust preferred securities, which will be recorded as a long-term liability for financial reporting purposes, are subordinated to other borrowings that may be obtained by the Company in the future and qualify as Tier 1 or Tier 2 capital for regulatory purposes under applicable regulations of the Federal Reserve Board, the Company's primary federal regulatory agency.
 
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