Instant Credit Transfer Scheme and Liability: Difference between pages
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'' | 1. ''Law.'' | ||
A legal duty or obligation. | |||
2. ''Financial reporting.'' | |||
An amount payable. | |||
[[Category: | Liabilities may include estimates, and amounts payable for commercial reasons - for example to maintain goodwill with customers - even if there is not a strict legal obligation to pay them. | ||
==See also== | |||
* [[Actuarial liability]] | |||
* [[Asset-liability management]] | |||
* [[Compensation]] | |||
* [[Damages]] | |||
* [[Disclaimer]] | |||
* [[Goodwill]] | |||
* [[Joint and several liability]] | |||
* [[Law]] | |||
* [[Liabilities]] | |||
* [[Limited liability]] | |||
* [[Regulation]] | |||
* [[Trustee liability insurance]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 23:46, 24 August 2021
1. Law.
A legal duty or obligation.
2. Financial reporting.
An amount payable.
Liabilities may include estimates, and amounts payable for commercial reasons - for example to maintain goodwill with customers - even if there is not a strict legal obligation to pay them.
