Calculated as long-term debt divided by working capital . A firm’s degree of reliance on long-term debt is understood by this for financing its day-to-day operations.
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LONG TERM DISABILITY
Existing for several months this is a persistent disability condition.
LONG TERM DISABILITY INSURANCE
Until the insured turns 65, this policy covers this longer period.
LONG TERM GAIN/LOSS
If held for more than one year, this is a capital assets ‘ gain or loss.
LONG TERM INVESTMENT
Bond, debenture, preferred stock / preference shares that mature in 10 years or more as an investment instrument .
LONG TERM LIABILITY
A year or more in the future, either from the balance sheet date or today, this obligation is due in goods or services. Disclosing its long-term liabilities with their interest […]
LONG TERM MORTGAGE
40 years or more maturity period for this type of mortgage.
LONG TERM OBJECTIVES
Five years or longer strategy to achieve intended performance goals of an organization . Planned improvements of organization’s competitive position , profitability , technology leadership, investment gain, productivity , employee […]
LONG TERM PLAN
Five years or longer planning horizon for this type of plan. Also known as long range plan.
LONG TERM PLANNING
Activities of formulating a long-term plan. Future needs estimating typically is an extrapolation of present or known needs. The extrapolation for achieving interim goals starts with current status, projected status […]
LONG TON
2,240 pounds, also called an imperial ton. Mostly replaced these days with the metric ton or tonne. Weighs 1,000 kilograms or 2,204.68 pounds. One million dollars in new one dollar […]
LONG-ARM STATUTE
a term where a law of a state gives its courts jurisdiction over people and property outside the state.
LONG-RUN AGGREGATE SUPPLY
in a specific period of time, produced and tracked across the national economy, this is the total amount of goods and services .
LONG-TERM CONTRACTS (LTC)
Contracts over a period of one year in length with construction performance related activities. Residential and commercial construction contracts are typical for this type.
LONG-TERM EQUITY APPRECIATION SECURITY (LEAPS)
Options traded with maturity dates that are between two to five years.
LONGEVITY PAY
A contract to provide annual seniority-based employee compensation . Given as compensation for their service to top pay-scale employees.
LONGITUDINAL STUDY
To identify a long-term trend, applying this statistical study. Also refer to cross sectional study.
LONGTERM EQUITY ANTICIPATION SECURITY (LEAPS)
Traded on the stock exchanges and over the counter, with long expiration dates of two to five years instead of the usual nine months, this is a US call or […]
LOOKBACK OPTION
When a buyer can review the price changes and take the highest profit point. Refer to fixed strike and floating strike look back options as well as options on the […]
LOOKBACK PERIOD
Determining if a company is paying employment taxes on the correct depositing schedule during this timeframe. July 1 through the next June 30 is this timeframe. A company decides during […]
LOOKOUT
A proper lookout on a vessel is some one in a favorable position to see, stationed near enough to the helmsman to communicate with him, and to receive communications from […]
LOOP
1. In General, this is a repeatable set steps that lead back to the first step. : 2. In Electrical/ Electronics , this is a complete circuit. An example is […]
LOOPHOLE
Without violating its literal interpretation , an allowed legal interpretation or practice unintentionally ambiguous due to a textual exception, omission, or technical defect, evades or frustrates the intent of a […]
LOOSE MONETARY POLICY
The government’s or central bank ‘s monetary policy and how the nation’s money supply is managed. It occurs by expanding the money supply and encouraging citizens and economic growth with […]
LOPWOOD
A right in the inhabitants of a parish within a manor, in England, to lop for fuel, at certain periods of the year, the branches of trees growing upon the […]