Long-Term Contract

Also found in: Acronyms.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
This, Sina said, is another factor deterring employers from hiring permanent workers and those on long-term contracts. Also, such employees have a propensity to form unions - something employers believe is detrimental to their business interests.
The cash method or the completed-contract method, however, cannot be used to determine AMT income (AMTI) for a long-term contract, except for a home-construction contract (Sec.
Our ability to secure long-term contracts with reputable clients and build our significant backlog demonstrates our commitment and belief in the long-term fundamentals of our industry," said Kofod-Olsen.
OSE Pharma, a biotechnology company based in France, developing T specific immunotherapy treatments against invasive and metastatic cancers, has signed a long-term contract with RAFA laboratories in Israel.
TONY Mowbray looks set to sign a long-term contract as Coventry City's manager within the next 48 hours after a week of intense negotiations with the club's owners.
Summary: Paris: French industrial gases group Air Liquide has won a "major" long-term contract with a ...
Turkey looks to sign a long-term contract with Qatar to buy natural gas, if they agree that the consensus over prices will be maintained.Negotiations between Qatar and Turkey, facilitated by BOTA_, continue over the price of the gas and the process is expected to be finalized during an upcoming visit by a Qatari delegation.The Turkish energy minister had said last month that Turkey would welcome any attractive offers from any country and that Qatar was not the only option, though Turkey would appreciate an order from Qatar.The contract with Qatar should be for 10 years at least but with a reasonable price in order for Turkey to agree on a long-term contract, the minister said.
LUIS Suarez has credited Liverpool's "unbelievable" fans and the people of the city as his reason for signing a new long-term contract with the club.
Here's a breakdown of the two most common long-term contract accounting methods:
ARSENAL and Liverpool face a major fight to sign Valencia superstar Paco Alcacer from Valencia after the Spanish side began moves to tie him down to a long-term contract.
"Egypt doesn't believe in this type of multi-year or long-term contract," Nomani said at an industry conference in Marseille, France, organized by Orama, the French union of commodity crop producers.
Summary: Liverpool goalkeeper Jose Reina insists he is fully committed to his long-term contract at the club.

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