Long term liabilities

• Amount owed for leases, bond repayment and other items due after 1 year.

• Liabilities that will remain as debt for longer than one year, such as long term borrowing

• A company's liabilities for leases, bond repayments, and other items due in more than one year.


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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

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