Long-Term Liability

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.
References in periodicals archive ?
The city's long-term liability burden is moderate in relation to personal income, and pensions are well-funded.
The Series B Preferred Stock was previously reported as a long-term liability of the company and, as of December 31, 2017, represented approximately 41% of the company's total long-term debt and preferred stock.
It says that by rejecting 40,000 objections to controversial changes to trespass law, ministers have failed to properly tackle the issue of long-term liability, leaving landowners at risk long after drilling has stopped.
* A policy that dictates 100-percent recycling, ensuring that its clients will not incur any Long-term liability for hazardous waste disposal
New York's law promises to make reuse of these sites more likely through reduced cleanup obligations, long-term liability relief, tax incentives, and lender protection.
Permanent magnet chucks deliver exceptional performance and long-term liability. Their field-proven strength and rigidity contribute to accurate grinding and milling.
However, ignoring these steps creates a long-term liability -- i.e., executives' retirement benefits will have to be paid from the company's future earnings.
* Convert debt issuance from temporary (e.g., other financing source) to permanent accounts (e.g., long-term liability)
For more information on this long-term liability, refer to the June 1992 NPA Accounting Scene article.
The upgrade of the IDR to 'AA+' reflects LA Metro's strong operating performance, low long-term liability burden, solid expenditure control, solid revenue growth prospects and strong public support for transportation measures, which offset the authority's limited independent legal ability to raise revenues.
GreenPark offers owners of contaminated property the opportunity to avoid the costs, risks, long-term liability, and perhaps most importantly, the uncertainties created by these properties.
The district has solid control over expenditures, a moderate long-term liability burden and limited control over revenues, although state aid provides a reliable funding source.

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