Advanced Gameplay FAQ: Lingering Effect

A Lingering Effect is any effect that applies after the card itself has resolved, and has been sent to the Graveyard. Lingering effects cannot be negated (except by negating the initial effect). Here are a few such cards with these effects:

-Final Countdown
-Last Will
-Cold Wave
-Return from the Different Dimension
-Power Bond
-Hieroglyph Lithograph
-Gold Sarcophagus
-Crush Card Virus

One type of card which often has a "lingering" effect are the Token Monsters. Tokens are not Effect Monsters and they do not have any effects of their own; rather, the "effects" of Token Monsters are actually the lingering effect of the Spell, Trap or Effect Monster that Summoned it.
An example of this is Cobra Jar.

These effects, however, are listed as effect(s) of the Token Monsters in video games to make their purposes less confusing.