The value of your business on any given day is the difference between your assets and liabilities. While many assets have intangible benefits, such as goodwill, recipes and patents, liabilities are ...

A significant report for every business leader to review, at least annually, is the balance statement. It gives business leaders insight into the financial health of the company. To get a true picture ...

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Liabilities are debts, such as auto and student loans. This page includes information about these cards, currently unavailable on NerdWallet. The information has been collected by NerdWallet and has ...

As tax geeks, you are likely knee deep in partnership tax returns right now. And after you’ve competently computed taxable income and proficiently populated the balance sheet, you’re ready to kick ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Contingent liabilities are those that depend on the outcome of an uncertain ...