Long Term

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Long Term

Describing a plan, strategy, security, or anything else with a term of longer than one year. The exact number of years varies according to the usage. For example, a long term financial plan outlines investment and other financial goals for any time more than one fiscal year, while a long term bond has a maturity of 10 or more years. Anything long term involves more uncertainty than anything short term because, generally speaking, market trends are more easily predictable in the short term. Thus, while planning for the long term is necessary, one's plan must be flexible to account for its inherent uncertainty.
References in periodicals archive ?
The HRs for former use and current use (compared with never use) that were stratified by history of CVD at baseline, smoking status, and education level were generally consistent with HRs for current versus noncurrent use (see Supplemental Material, Table S4).
Like noncurrent loan rates, net charge-offs have been improving overall; however, the rate of improvement appears to being slowing, suggesting that the recovery in the banking sector may be slowing.
On a national level, the ratio of noncurrent loans to total loans remains near its peak because of the lack of new loan growth.
The FDIC said the extent of improvement in both noncurrent loans and charge-offs was understated because of the implementation of FASB Statement no.
39 percent of the industry's loans were noncurrent.
121 is applicable to determining impairment in all noncurrent assets in GAAP-based financial statements (including assets held by not-for-profit entities) except that the document is not applicable to the following:
Ten percent--or $15,000 plus interest--is listed as a current liability on each year's balance sheet, leaving the remainder as a future or noncurrent liability.
Despite some relaxation in terms and conditions, banks have been reporting an improving trend since 3Q'09 in C&I noncurrent loans, NCOs, and past due loans.
While nonperforming loans have been steadily declining, the percent of noncurrent loans seems to have stagnated at a high level.
Both the quarterly net charge-off rate and the percentage of loans and leases that were noncurrent (90 days or more past due or in nonaccrual status) reached the highest levels registered in the 26 years that insured institutions have reported these data.
Before applying LOCOM, however, the MES must be divided between a current and a noncurrent portfolio.