Current liabilities are short-term debts. There are many types of current liabilities, from accounts payable to dividends declared or payable. These debts typically become due within one year and are ...

Liabilities are financial obligations taken on by a company to help finance its operations. Liabilities are what’s owed by an individual or a company. They are—in accounting terms—a company’s present ...

usiness firms use a financial analysis technique called asset vs. liability management (ALM) to mitigate risk due to a mismatch in their assets and liabilities. A mismatch occurs when assets and ...

Liability insurance covers legal fees and settlement costs in case of lawsuits. Businesses may need several types. Many, or all, of the products featured on this page are from our advertising partners ...

The two main types of third-party liability insurance are bodily injury liability and property damage liability. Most people are required by law to carry different forms of liability insurance on ...