Long-Term Liabilities

What Does It Mean?
What Does Long-Term Liabilities Mean?
Recorded on the balance sheet, a company's liabilities for leases, bond repayments and other items due in more than one year.
Investopedia Says
Investopedia explains Long-Term Liabilities
A company's long-term liabilities are accounted for by its debt obligations to other parties that last longer than one year.
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