Terms Beginning With 'l'

Long-Term Liabilities

  • January 17, 2020
  • Team Kalkine

Long-term liabilities, also known as noncurrent liabilities, are a financial obligation that result from an earlier incident that is not due within next 12 months. Long-term liabilities are listed in the balance sheet of the company after more current liabilities, in a segment that might comprise deferred tax liabilities, pension obligations, loans and debentures.

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