Questions: Convertible bonds

Long-term liabilities are financial obligations of a company that are due more than one year in the future. They are typically used to finance the company's operations and growth over an extended period. Here are some examples of long-term liabilities:

1. Convertible Bonds: These are bonds that can be converted into a predetermined number of the company's equity shares. They are considered long-term liabilities because they have a maturity date that is typically more than one year away.

2. Long-term Loans: These are loans that are scheduled to be repaid over a period longer than one year. They can be secured or unsecured and are often used for significant capital expenditures.

3. Mortgages Payable: These are loans secured by real estate and are typically repaid over a long period, such as 15 to 30 years.

4. Deferred Tax Liabilities: These arise when there are differences between the accounting and tax treatment of certain items, resulting in taxes that are owed in the future.

5. Lease Obligations: Under certain accounting standards, long-term lease obligations are considered liabilities if they meet specific criteria, such as finance leases.

6. Pension Liabilities: These are obligations to pay future pension benefits to employees and are considered long-term because they are typically paid out over many years.

7. Debentures: These are unsecured bonds that rely on the creditworthiness and reputation of the issuer rather than collateral.

In summary, long-term liabilities are obligations that a company expects to settle in more than one year, and they play a crucial role in the company's financial structure and strategy.