Liability Definition
A Liability is the obligation of a Company or Entity to repay a Debt or Expense due to current or past operations of the company. To make that simple, A Liability is the obligation of a company to repay a debt.
A Liability is the obligation of a Company or Entity to repay a Debt or Expense due to current or past operations of the company. To make that simple, A Liability is the obligation of a company to repay a debt.
Everyone wants to believe that they’re making good choices when it comes to investing in their future. But that’s not always the case and you may not even know it.