Definitions for Long-Term Liabilities
long-term li·a·bil·i·ties

WikipediaRate this definition:0.0 / 0 votes

1. Long-term liabilities

   Long-term liabilities, or non-current liabilities, are liabilities that are due beyond a year or the normal operation period of the company. The normal operation period is the amount of time it takes for a company to turn inventory into cash. On a classified balance sheet, liabilities are separated between current and long-term liabilities to help users assess the company's financial standing in short-term and long-term periods. Long-term liabilities give users more information about the long-term prosperity of the company, while current liabilities inform the user of debt that the company owes in the current period. On a balance sheet, accounts are listed in order of liquidity, so long-term liabilities come after current liabilities. In addition, the specific long-term liability accounts are listed on the balance sheet in order of liquidity. Therefore, an account due within eighteen months would be listed before an account due within twenty-four months. Examples of long-term liabilities are bonds payable, long-term loans, capital leases, pension liabilities, post-retirement healthcare liabilities, deferred compensation, deferred revenues, deferred income taxes, and derivative liabilities.

WikidataRate this definition:0.0 / 0 votes

1. Long-term liabilities

   Long-term liabilities are liabilities with a future benefit over one year, such as notes payable that mature longer than one year. In accounting, the long-term liabilities are shown on the right wing of the balance-sheet representing the sources of funds, which are generally bounded in form of capital assets. Examples of long-term liabilities are debentures, mortgage loans and other bank loans. By convention, the portion of long-term liabilities that must be paid in the coming 12-month period are classified as current liabilities. For example, a loan for which two payments of $1000 are due, one in the next twelve months and the other after that date, would be 'split' into two: the first $1000 would be classified as a current liability, and the second $1000 as a long-term liability. Also "long-term liabilities" are a way to show that you have to pay something off in a time period longer than one year.

How to pronounce Long-Term Liabilities?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say Long-Term Liabilities in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of Long-Term Liabilities in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of Long-Term Liabilities in Pythagorean Numerology is: 4

Examples of Long-Term Liabilities in a Sentence

1. John Humphrey:

   I think Moody's has been pretty clear that they view the state's political dysfunction combined with continued unaddressed long-term liabilities, and unfavorable baseline revenue performance as casting some degree of skepticism on the state's ability to manage out of the very fragile financial situation they are in.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Long-term_Liabilities
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=Long-Term Liabilities