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What You Need to Know About Liabilities

By |2019-10-23T16:17:02-06:00January 1st, 2020|Categories: Finance|Tags: , , , , |

As part of OnlineAdvisor’s efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  Here are some key points you need to know about liabilities: Liabilities are a part of every business. Some people may have a tendency to see assets as “good” and liabilities as being “bad”.  It’s not that [...]

What are Liabilities?

By |2019-10-23T16:00:36-06:00October 27th, 2019|Categories: Finance|Tags: , , , , , |

As part of OnlineAdvisor's efforts to educate, inform and encourage business leaders, we present key financial terms and concepts.  For this article, we cover the concept of liabilities. A Brief Definition Liabilities represent company's financial debt or obligations. They include loans, accounts payable, mortgages, deferred revenues and accrued expenses.  A great definition of a liability refers to [...]

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