You are currently viewing content for a different region.
Switch to Global Version
Long-Term Debt
Financial obligations due more than one year from the reporting date. It includes bonds, bank loans, or lease obligations. Long-term debt appears on the balance sheet and is often used to finance large investments like equipment, property, or expansion.
More Items
Lump-Sum Purchase
A single payment made to buy multiple assets in one transaction, such as buying land and a building together. The…
Liquidation
The process of closing a business and distributing its assets to creditors and owners. Assets are sold to pay off…
Liquid Assets
Assets that can be quickly converted into cash without losing value. Examples include cash on hand, bank balances, and short-term…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.