Long-Term Contract

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Long-Term Contract

1. A contract to perform work over a significant period of time. For example, a construction company may have a contract to build a skyscraper, which may take several years.

2. A futures contract or similar instrument that does not expire for several months or longer.

3. See: Long-term lease.
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References in periodicals archive ?
Peterson has won two long term contracts with Statoil.
Norway : Peterson wins two six-year contracts with Statoil
Negotiation, however, is still underway with prospective buyers which have signed long term contracts with the government.
Tangguh LNG to be solg above $6 per MMBTU
This is a victory for Connecticut's citizens, who will now be able to take advantage of cleaner and more inexpensive power sources, while avoiding bearing the risks that come with long term contracts.
Liberty Power Applauds Connecticut DPUC's Decision in Support of Competitive Energy Markets
Management is also pleased to announce an increase in the number of short and long term contracts that the Company is qualified for, and has been invited to bid on.
COSCO Negotiating Large Scale, Long Term Contracts; Reports Separate $1.365 Million In Component Sales Revenues
Tri-S Security Corporation provides contract guard services to Federal government agencies pursuant to long term contracts.
Tri-S Security Corporation Enters into Definitive Agreement to Acquire The Cornwall Group, Inc
Energy Savings also supplies electricity to Ontario and Alberta customers under similar long term contracts.
Energy Savings Enters Into Alberta Billing, Collection and Supply Agreements and Completes the Acquisition of Natural Gas and Electricity Deregulated Customers from EPCOR
Management has committed to matching expected capital commitments with appropriate long term contracts and other risk management tools to limit Sempra's exposure to price, volume and counterparty credit risks.
Fitch Rates Sempra Energy's $600MM Senior Notes 'A'
Since then, Morgan Stanley Capital Group has been an active participant in US energy and power markets, providing physical power supply and power system management under competitively priced long term contracts as well as energy-related risk management services to clients throughout the United States, as well as globally.
Electric Cooperatives Contract with Morgan Stanley Capital Group for Wholesale Power Needs
Fitch typically measures the liquidity benefit of possible disposals against the execution risk associated with the disposal process, and notes that execution on all three asset sales, while allowing some deleveraging of the parent, would also reduce the proportion of unregulated generation with long term contracts.
Fitch Downgrades Ratings of TECO Energy and Tampa Electric Fitch Ratings
On the operating side, additional protection is provided by an operating reserve account and a required minimum balance in the operating account of $1 billion for so long as DWR continues to procure the additional power needed beyond the amount supplied by the long term contracts (residual net short position).
Fitch Rates $11.9B California Power Supply Revenue Bonds 'A-'
In addition, while most of AE Supply's revenues are currently supported by long term contracts with its affiliated distribution companies, the purely merchant derived revenues will rise considerably (to 40% of operating revenues) by 2005.
Fitch Dwngr AYE, Potomac Ed, & Monongahela: Aff West Penn Power, AGC
Long term contracts with important partners like the OPEIU are essential building blocks for our solid foundation.
Navieras, NPR, Inc. & OPEIU Reach Agreement

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