longer than one year) Arts and media [edit] Film [edit] The Liability, a 2013 film Music [edit] Liability (album), a 2015 album by Prof "Liability" (song), a song by Lorde from the 2017...
A liability is something a person or company owes, usually a sum of money. Payment can be either near- or long-term. Liability can also mean a legal risk or obligation.
What Is Liability Insurance? Liability insurance is an insurance product that provides... Policies are taken out by anyone who owns a business, drives a car, practices medicine or law...
A deferred tax liability is a line item on a balance sheet that indicates that taxes in a certain amount have not been paid but are due in the future.
A contingent liability is a liability that may occur, depending on the outcome of an upcoming event.
What Is a Limited Liability Company (LLC)? A limited liability company (LLC) is a business structure in the U.S. that protects the assets of its owners from lawsuits and creditors concerned...
A liability is a company's financial obligations that arise from past transactions or events. Read on to learn more.
A family limited liability company (LLC) is formed by family members to conduct business in states that allow LLCs. Members must be related by blood, adoption, or marriage. The family LLC...
What Is a Liability-Driven Investment? A liability-driven investment (LDI) is an investment in assets that can generate the cash to pay for financial obligations (liabilities). This type of...
What Is the Accounting Equation? The accounting equation states that a company’s total... Debt is a liability, whether it is a long-term loan or a bill that is due to be paid. Costs...