In accounting; the definition of what an asset is, and what a liability is, is pretty straightforward. In very simple terms, an asset is anything that the business owns that is of value, while a liability is anything that the business owes. 503 more words
Tags » Liabilities
Sri Lanka's Kotagala Plantation to raise Rs. 800 mln. to settle liabilities and find working capital
Sri Lanka’s Kotagala Plantation announced that it will raise Rs. 800 million via a ‘Rights Issue’ to settle liabilities and find working capital.
The firm will issue 80 million shares, each priced at Rs. 35 more words
A few months after graduating college, I entered the American workforce wide-eyed and full of wonder. I was receiving a steady paycheck and retirement benefits for the first time in my life, and I mused about the ability to live free of financial anxiety. 1,773 more words
charge, claim, contingency, cost, damage, demand, expense, fee, fine, harm, impairment, injury, judgment, liability, loss, obligation, penalty
Indemnification of Purchasers. Subject to the provisions of this Section 4.9, the Company will indemnify and hold each Purchaser and its directors, officers, shareholders, members, partners, employees and agents (and any other Persons with a functionally equivalent role of a Person holding such titles notwithstanding a lack of such title or any other title), each Person who controls such Purchaser (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), and the directors, officers, shareholders, agents, members, partners or employees (and any other Persons with a functionally equivalent role of a Person holding such titles notwithstanding a lack of such title or any other title) of such controlling persons (each, a “Purchaser Party”) harmless from any and all… 726 more words