Related Words

Long Focus: A lens in which the focal length is much greater than the diagonal of the film format with which it is used.

Long-Term Foster Care: The intentional and planned placement of a child in foster care for an extended period of time. After the goal of adoption has been explored and not selected, and relative options are not fe . . . View Full Definition

Long-Term Gain: A profit on the sale of a capital assets held longer than 12 months, and eligible for long-term capital gains tax treatment.

Long-Term Financing: Liabilities repayable in more than one year plus equity.

Long-Term Financial Plan: Financial plan covering two or more years of future operations.

Long-Term Disability Insurance: Pays an insured a percentage of their monthly earnings if they become disabled.

Long-Term Equity Anticipation Securities (LEAPS): These long-term options on stocks have expiration dates of up to three years rather than the shorter terms of most stock options, which are never longer than nine months. The benefit of LEAP . . . View Full Definition

Long-Term Goals: Financial goals expected to be accomplished in five years or longer.

Long-Term Investment: An expenditure to acquire a non-operating asset that is expected to increase in value or generate income for longer than 1 year.

Longeron: A principal longitudinal member of a fuselage's framing, usually continuous across a number of supporting points.