Long-Term Liabilities

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Dictionary Says

Definition of 'Long-Term Liabilities'

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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