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Long-Term Liabilities |
Also found in: Wikipedia, Hutchinson | 0.12 sec. |
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Long-Term Liabilities Recorded on the balance sheet, a company's liabilities for leases, bond repayments and other items due in more than one year. Notes: A company's long-term liabilities are accounted for by its debt obligations to other parties which last longer than one year. Long-term liabilities |
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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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Long-term liability
