Liabilities are an obligation to pay money or provide service in the future. Simply described as 'things we owe'.

Related Articles

Budget ■■■■
A budget is a quantitative expression of a plan for a defined period of time. It may include planned . . . Read More
Payment at top500.de■■■■
A payment is the transfer of an item of value from one party (such as a person or company) to another . . . Read More
Working Capital ■■■
Working Capital is the operational Assets and Liabilities needed for everyday operation, eg. cash or . . . Read More
Cooperative Agreement at environment-database.eu■■■
A Cooperative Agreement is an assistance agreement whereby EPA transfers money, property, services or . . . Read More
GSA ■■■
In the aerospace context, GSA stands for Government Services Administration. It's an independent agency . . . Read More
Aid at top500.de■■■
Aid is a general term used to denote: 1. Help or something that helps, as in hearing aid or crunches2. . . . Read More
Market at top500.de■■■
A market is one of the many varieties of systems, institutions, procedures, social relations and infrastructures . . . Read More
Resource at top500.de■■■
Español: RecursoA resource is a source or supply from which benefit is produced. Typically resources . . . Read More
Cost at top500.de■■■
In production, research, retail, and accounting, a cost is the value of money that has been used up to . . . Read More
Credit at top500.de■■■
Credit may refer to acknowledging the ideas or other work of writers and contributors or the granting . . . Read More