FOLIO Ontology

Exploring the Federated Open Legal Information Ontology

Identification

IRI:
https://folio.openlegalstandard.org/ReM22WXGr33eO4jZitHsbw
Label Long-Term Financial Obligations
Preferred Label Long-Term Liability
Identifier N/A
Alternative Labels

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Definition

Long-Term Financial Obligations, also known as Long-term Liabilities, are debts or obligations that are due more than one year from the present date. These can include long-term loans, bonds payable, lease obligations, and pension liabilities, and they are recorded on a company's balance sheet under non-current liabilities.

Class Relationships

Sub Class Of

Is Defined By

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See Also

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

Stemmed from Bankruptcy Project

Description

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Notes

  • None

Editorial Information

History Note

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Editorial Note

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Deprecated

No

Source and Origin

No source or origin information available