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The pyramid should be seen as sustainable in that these responsibilities represent long term obligations that overarch into future generations of stakeholders as well.
The term "obligations" however, focuses upon the responsibilities that societies and their governments have undertaken.
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Eaton Vance examined each state's combined long-term obligations for those three components.
A buyout program for G.M.'s union retirees would further reduce long-term obligations.
Here is how captive reinsurance works: A life insurer sells policies, creating long-term obligations.
Concern about Lucent's debt persists even though the company does not have any important short-term obligations to meet.
And Jersey City's new mayor faces mounting short-term obligations and receding payments in lieu of taxes.
Many banks discovered that they did not have enough cash or readily salable assets to meet short-term obligations.
Assuming the bankruptcy plan is approved, the city will have saved some money and shed some long-term obligations.
Until recently, long-term obligations to PFI contractors did not figure in the public accounts, which flattered the public finances.
Those rates determine what banks pay to borrow from each other, often to cover short-term obligations.
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CEO of Professional Science Editing for Scientists @ prosciediting.com