Long Term Contract

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
LTC
Pronunciation
/lɔŋ tərm ˈkɑnˌtrækt/
Category
Governmental
Related Field
Military

Examples in Context

  1. Schools use a long term contract instead of a series of short term contracts to produce educational services.
  2. The equity incentive of long term contract is important for managers especially for small banks.
  3. The lower total revenue and the larger variance, the less stable long term contract becomes.
  4. This paper presents one kind of complete contract system, which is used contract rolling method for power peak in general market and long term contract.
  5. Some solutions such as forming and improving cooperative community, investing the assets for special purpose in operation by both companies and fanners, setting up the standard system and building the long - term contract system are suggested.

Other meanings of LTC