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Liabilities

Definition of 'Liabilities'

Liabilities are long-term loans of the type used to finance the business and short-term debts or money owing as a result of trading activities to date.

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Related Terms

Acid Ratio Acid Test Ratio Quick Asset Ratio Liability Accelerated Depreciation Advance Corporation Tax Balance Sheet Capital Employed Current Cost Accounting Current Ratio Double Taxation Treaty Off-Balance-Sheet Finance Reverse Acquisition

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