(a) balance of liabilities

  • 101Asset — This article is about the business definition. For other uses, see Asset (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · …

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  • 102Financial reinsurance — (or fin re), is a form of reinsurance which is focused more on capital management than on risk transfer. In the non life segment of the insurance industry this class of transactions is often referred to as finite reinsurance.One of the particular …

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  • 103government budget — Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies, the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard… …

    Universalium

  • 104liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …

    Financial and business terms

  • 105insolvency — in·sol·ven·cy /in säl vən sē/ n pl cies 1: the fact or state of being insolvent compare bankruptcy 2: insufficiency (as of an estate) to discharge all enforceable debts ◇ Insolvency matters are covered under the Bankruptcy Code. Merriam …

    Law dictionary

  • 106Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …

    Financial and business terms

  • 107Public finance — Part of a series on Government Public finance …

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  • 108National accounts — Economics …

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  • 109Subprime mortgage crisis — Part of a series on: Late 2000s financial crisis Major dimensions …

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  • 110Equity (finance) — For equity securities, see Stock. Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management  …

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