9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook Dictionary Medical Legal Financial Idioms Encyclopedia Wikipedia Related to liabilities:Current liabilities,Assets and Liabilities,Accrued liabilities,Contingent liabilities ...
Use ofIndebtedness Liabilitiesin a Clause Indebtedness LiabilitiesAs of the date hereof, the Company has, and until the consummation of the transactions contemplated by the Asset Purchase Agreement the Company will have, no outstanding Indebtedness or other liabilities or obligations (known, unknown, ac...
Define Business Liabilities. has the meaning given in the Asset Purchase Agreement. 'CLAIM' includes a claim, notice, demand, action, proceeding, litigation, investigation, judgment, damage, loss, cost, expense or liability however arising, whether prese
Liabilities in accounting are money owed to buy an asset, like a loan used to purchase new office equipment or pay expenses, which are ongoing payments for something that has no physical value or for a service. An example of an expense would be your monthly business cell phone bill. But ...
a claim on the resources of an individual or business in respect of monies borrowed. A liability is thus a form of DEBT, for example, a bank overdraft or LOAN, a building society MORTGAGE. See ASSET, BALANCE SHEET. Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L....
If the Great Lakes Home Health Agency (HHA) has cash in its bank account, that is an economic resource— an asset. The HHA is owed money for services rendered; these accounts receivable are also an economic resource—an asset. If certain patients have signed a formal agreement to pay the...
Asset Purchase Agreement - 范本 旗渡多语种范本中心: 全文目录如下:正文见附件 TABLE OF CONTENTS ARTICLE I DEFINITIONS Section 1.1 Certain Defined Terms Section 1.2 Table of Definitions ARTICLE II PURCHASE AND SALE Section 2.1 Purchase and Sale ... Acquisition Agreement For Plan of Arrangement - 范本...
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Both businesses and individuals can have liabilities. Your loan is a liability if you borrow money to purchase a car. The portion of the vehicle that you’ve already paid for is an asset. Financial liabilities can be either long-term or short-term depending on whether you’ll be paying the...
Yes. The term "current" refers to a short-term asset or liability. Short-term assets are those that are held for less than one year. In the case of short-term liabilities, they come due in less than one year. The Bottom Line