There are generally very few other criteria for participation, so long as liabilities are reported and paid.
Expected to be popular with pension funds and other investors with long future liabilities, the bond was three times oversubscribed.
Deferred compensation, suspensions for performance enhancing substances and inflated salaries run the gamut of short and long term liabilities that franchises consistently encounter.
Insurance companies often have long term liabilities that they wish to hedge, which require low risk and predictable cash flows and fixed income securities such as government bonds that offer a predictable stream of payments by way of interest and principal payments.
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Long-term liabilities should be funded with long-term assets.
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For a start, it is mainly pension funds, saddled with long-term liabilities, that are clamouring for more long gilts.
The major driver of our long-term liabilities, everybody here knows, is Medicare and Medicaid and our health care spending.
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Pension funds have the problem of having long-dated liabilities--in this fund's case, thousands of Ontario teachers whose retirements it must fund.
Indeed, Sandy Springs has no long-term liabilities at all, since the whole point of a 401(k) defined-contribution scheme is to avoid them.
Because in the developed world, social overhead capital produces too many bridges to nowhere, too many non-jobs with long term unfinanced liabilities attached, bureaucracy and the regulation of everything that moves.
And since insurance companies and pension funds buy long-dated bonds to match their long-dated liabilities, everyone has been scrambling to acquire what appears to be a fast-vanishing asset hence the soaring prices and plunging yields.
So there are no long-term unfunded liabilities.
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One part ("the bad bank") will assume all the residential and commercial real-estate loans and securitized mortgages as assets, and all the long-term debt as liabilities.
"I don't care about the future liabilities, as long as Bayer gets a good price for its pharmaceuticals business, " says Thomas Shrager, the international fund manager at Tweedy, Browne in New York and one of the most vocal critics of Bayer's management among shareholders.
They could afford to ignore the short-term risks because of the long-term nature of their liabilities.
Skandia and Sphere Drake both have hefty long-term asbestos and environmental liabilities.
As Americans age, and actuaries and accountants want pension funds to match their assets and liabilities more closely, long-dated bonds from an unimpeachable issuer look just the ticket.
Higher long-term interest rates would lower liabilities, because they would reduce the gap between pay-out rates and investment returns.
And if asset managers turn en masse to bonds with long maturities to match their assets and liabilities more precisely, which is necessary especially for older plans, that will raise bond prices, depress bond yields and increase the present value of assets they must hold again, widening the pensions gap.
Secondly, the Fed holds long-term assets and short-term liabilities and yield curves generally slope upwards.
It would also dramatically reduce government spending and the unfunded liabilities of Social Security over the long run, as benefits paid by the fully funded, private market personal accounts replace federal spending.
Although the details vary from country to country, a widely used rule-of-thumb says that a lease does not have to be capitalised so long as the net present value of the lease liabilities (ie, future rents) amounts to less than 90% of the value of the asset.
As long as the firm's enterprise value exceeds its liabilities, it says, the firm can continue to finance itself.
We are not there yet, but the most dangerous moment for the eurozone is when Germany and perhaps other northern countries conclude that bailouts do not just fail to solve the crisis, but that taking on further liabilities will threaten their own economies in the long term.
Entropic has no short-term or long-term debt on its books, but its accrued liabilities and payables have increased from 2009 to 2010.
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Crucially, it states that the present value of future liabilities must be calculated by using the yield on long gilts as a discount rate.
As the famous theory of Diamond and Dybvig explained, institutions that have long-maturity assets with uncertain returns and short-maturity liabilities that are intended to be risk-free are innately subject to devastating runs.
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They also argue that a long-term mechanism for ensuring fiscal responsibility is needed, since government debt and unfunded pension liabilities are large.
As long as municipalities have the ability to tax, they are able to ultimately make good on their liabilities to bondholders.
With legacy countries in a state of long-term insolvency, and major banks highly leveraged and with opaque balance sheets sitting on trillions in liabilities, policymakers have resorted to one of the most dangerous solutions in the aftermath of the financial crisis: money printing.
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