Liabilities are financial obligations taken on by a company to help finance its operations. Liabilities are what’s owed by an individual or a company. They are—in accounting terms—a company’s present ...

Consumers are most likely to encounter balloon-type debt in the form of balloon mortgages. If you have a balloon mortgage, you make relatively small monthly payments. At the end of the repayment ...

usiness firms use a financial analysis technique called asset vs. liability management (ALM) to mitigate risk due to a mismatch in their assets and liabilities. A mismatch occurs when assets and ...

An asset is anything, tangible or intangible, that has economic value to its owner or could have economic value in the future.