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 exposure draft for the new standard stated that stakeholders shared FASB's opinion that separating deferred taxes between current and noncurrent amounts resulted in little or no useful information for users but added cost and complexity.
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.
Noncurrent loans are growing as a share of gross loans, mostly due to problems in commercial real estate markets.
Noncurrent loans rose sharply in the fourth quarter.
A variable is said to be noncurrent at a breakpoint if its expected and actual values at the breakpoint are different in every execution of the program and suspect if the values are the same in some executions and different in other executions.
121 requires entities to consider whether noncurrent assets have been impaired and provides guidance in measuring impairment losses for both noncurrent assets held for sale and noncurrent assets held for use.
Current assets can be converted to cash within 12 months, and noncurrent assets, beyond 12 months.
In addition, as of September 30, 1992, noncurrent loans as a share of total loans of District banks was lower (1.