Deferred Long-Term Liability Charges
A collection of future company liabilities that will typically be summed up and shown as one line item on the balance sheet. The charges are most often made up of deferred-tax liabilities that are to be paid more than one year in the future; depending on the company, they can also be comprised of forward contract obligations (like, swap contracts or derivative products). Investopedia Says:
To get clarity on these charges, read the attached footnotes or other comments that appear on the official earnings statements as filed with the SEC. This figure should stay relatively constant from year to year; and, as such, investors should be wary if this figure is rising significantly. Related Terms:
Balance Sheet
Deferred Income Tax
Forward Contract
Securities And Exchange Commission - SEC
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