A disability that is chronic or will remain present for an extended period of time. … [Read more...] about LONG TERM DISABILITY
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LOGIA
A small house, lodge, or cottage. Mon, Angl. torn. 1, p. 400. … [Read more...] about LOGIA
LONG TERM GAIN LOSS
For tax purposes the holding period of property to determine a tax rate which is more favorable for property held for the long term. … [Read more...] about LONG TERM GAIN LOSS
LOGIC
Deductive reasoning through the use of observation and application of valid reasoning. The science of reasoning, or of the operations of the understanding which are subservient to the estimation of evidence. The term includes both the process itself of proceeding from known truths to unknown, and all other intellectual operations, in so far as auxiliary to this. … [Read more...] about LOGIC
LONG TERM LIABILITY
A liability or obligation which will remain in effect for one or more years. … [Read more...] about LONG TERM LIABILITY
