This glossary uses Visual Finance™ to bring financial terms to life. Each example shows data from the Round Number Company, a fictional business with simplified figures to make learning easier. For more details, visit 'How to Read Visual Finance'.
Long-term Liabilities are the financial obligations of a company that are falling due more than one year in the future. They include Long-term Debt (i.e. loans) and Pensions & Other Post-Employment Benefits (OPEB).
The above is our generic explanations of common corporate financial terminology. Actual meanings can vary widely from company to company; in order to have the correct internal definition you need to ask your Finance Department, "What do you mean by that?"
term list.