Long-Term Liability

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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The city's long term liability burden is moderate relative to personal income.
According to a company release late in June 1997, Humpuss Intermoda and its subsidiaries have run up a debt of Rp 567.5 billion including Rp 127.8 billion in short term debt and R[ 439.7 billion in long term liability.
The district's long term liability burden should remain in the elevated but still moderate range in relation to the local resource base given future debt plans.
The adjusted net pension liability accounts for 1% of the total long term liability burden.
The modest overall long term liability burden equals approximately 5% of personal income and the county has manageable future borrowing plans that are in line with outstanding principal amortization.