The following difference equation Xn = Xn-1Xn-k-1, n ∈ ℕ0, where k, l ∈ ℕ, k < l, gcd(k, l) = 1, and the initial values x-1,…, x-2, x-1 are real numbers, has been investigated so far only for some particular values of k and l. To get any general result on the equation is turned out as a not so easy problem. In this paper, we give the first result on the behaviour of solutions of the difference equation of general character, by describing the long-term behavior of the solutions of the equation for all values of parameters k and l, where the initial values satisfy the following condition min {x-1,…, x-2, x-1}. [ABSTRACT FROM AUTHOR]