Long-Term Loans

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Definitions
Current Liability (Liabilities)
Current Liabilities Accounts Payable Short-Term Loans Long-Term Loans Business Operations
Current liabilities are debts or obligations that a company expects to pay off within one year as part of normal business operations. Examples include accounts payable, short-term loans, and the current portion of long-term loans.
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Definitions
Long-Term Liability
Long-Term Liability Financial Obligations Accounting Bonds Payable Long-Term Loans Lease Obligations Balance Sheet Corporate Finance
Long-term liabilities are financial obligations of a company that are due more than one year in the future. Examples include bonds payable, long-term loans, and lease obligations.
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