Product Suite

Supply Chain Glossary - L

Supply Chain Glossary - L

LF

Abbreviation for late finish date.

An accounting/financial term (balance sheet classification of accounts) representing debts or obligations owed by a company to creditors. Liabilities may have a short-term time horizon, such as accounts payable, or a longer-term obligation, such as mortgage payable or bonds payable. See: assets, balance sheet, debt, owner's equity.


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