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United Kingdom
United Kingdom
Key definition
Long-term definition What does Long-term mean? Long-term describes obligations, assets or investments extending beyond the short‑term horizon; the precise threshold depends on context and governing standards used in legal practice and finance. In the Eurobond market, it commonly refers to securities with an initial maturity of more than seven years. Under accounting standards (IFRS and UK/Irish GAAP), amounts due or receivable after more than twelve months are presented as non‑current; accordingly, long‑term debt denotes borrowings with a remaining maturity of over one year. This classification affects balance sheet presentation, disclosure and covenant calculations. In loan, security and capital markets documentation across England & Wales, Scotland, Northern...
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Long-term sickness absence: legal and procedural toolkit on capability, medical evidence, Equality Act duties, data protection, PHI/pensions and dismissal (England, Wales and Scotland)
Published by a
LexisNexis Employment expert
Practice notes
This Practice Note
This Practice Note offers a toolkit to help employers and advisers manage long‑term ill health or persistent Sickness absence. Handling an employee absent for multiple extended spells, or a single prolonged, continuous absence, can be intricate and often demands a particularly careful, staged process, which the employer must document thoroughly and consistently. Extra caution is needed to minimise exposure to Disability discrimination claims where the individual has a long‑term condition that meets the statutory definition of Disability under the Equality Act 2010 (EqA 2010)—see Practice Note: Disability. Any permanent health insurance (PHI) arrangement or pension scheme offering ill‑health retirement benefits will also be pertinent and should be taken into account. Securing a fair dismissal on grounds of long‑term ill health may take considerable time. The procedure must be conducted in line with statutory and case law requirements for fair capability dismissals—see Practice Note: Reason for dismissal—capability. This Practice Note proceeds on the basis that there is no dispute about employment status and that the individual is genuinely an employee—see Practice Notes: Employee status and Worker status...
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Web page updated on 21/05/2026
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Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...
I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...
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