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LONG STRADDLE

A call option is a long position taken as an options strategy with a put option. Contrast to short straddle. Also known as bull straddle.

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LONG TERM ASSET

Lifespan of over five years in general makes an asset long-term.

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LONG TERM BOND

15 years or longer maturity period for a Bond makes it long-term. Greater credit and inflation risk go with higher interest rates for such bonds. Also known as long bond.

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LONG TERM CARE (LTC)

Health care professionals administering to people with diseases or disabilities lets this term refer to health or social care.

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LONG TERM CARE FACILITY

Long-term basis for nursing or custodial care occurs at such a facility. Typically, this kind of facility is state-licensed.

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LONG TERM CARE INSURANCE

Once an insured becomes a resident in a nursing home, a daily benefit payout comes from this health insurance.

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LONG TERM DEBT

Some amount due from the balance sheet date for 12 months or longer. A bank loan, mortgage bonds, debenture, or other obligations not due for one year are several examples. In a bank’s balance sheet, long-term debt with its interest rate and date of maturity must be disclosed. This is a measure of a firm’s leverage. It is distinguished from long term liabilities. It may include services already paid as a long-term debt amount.

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LONG TERM DEBT TO TANGIBLE ASSETS RATIO

Calculated as long-term debt divided by tangible assets. A firm’s debt capacity and its collateral for loans are determined this way.

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LONG TERM DEBT TO TOTAL ASSETS RATIO

Calculated as long-term debt divided by total assets. A firm’s debt capacity for its working capital structure is determined this way.

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LONG TERM DEBT TO TOTAL WORKING CAPITAL RATIO

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.

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LONG TERM DISABILITY INSURANCE

Until the insured turns 65, this policy covers this longer period.

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LONG TERM GAIN/LOSS

If held for more than one year, this is a capital assets’ gain or loss.

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LONG TERM INVESTMENT

Bond, debenture, preferred stock/preference shares that mature in 10 years or more as an investment instrument.

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LONG TERM LEASE

Over 10 years or longer, a lease continues.

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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 rates, other charges and date of maturity in its balance sheet is a firm’s duty.

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LONG TERM MORTGAGE

40 years or more maturity period for this type of mortgage.

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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 relations, and corporate image are considered to be long-term objectives.

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LONG TERM PLAN

Five years or longer planning horizon for this type of plan. Also known as long range plan.

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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 roadmap, includes short-term operational as well as tactical plans.

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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 notes is almost a long ton in weight. Also known as gross ton or imperial ton.

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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 .

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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.

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LONGEVITY PAY

A contract to provide annual seniority-based employee compensation. Given as compensation for their service to top pay-scale employees.

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LONGHAUL

A flight or journey’s longest, main leg.

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