Liabilities

For both an individual or a Company, liabilities are all those debts and other costs which must be paid either now or in the future.

Such liabilities might include the interest payment on a loan (short term), and also the repayment of the loan in the future (long term). Liabilities might also include tax owed to the Government, debts owed to suppliers and so on.

What to do if you need more help

If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.

We hope you found this information useful.

return to previous menu…

Sponsors Advertising

Copyright © Steve Gears Associates. All rights reserved. No portion of this site may be reproduced without written permission. All Trademarks are freely acknowledged.The information on this site is based on UK data unless otherwise indicated. Non-UK visitors should check with experts within their own legal jurisdiction before relying on information presented here.

Website Terms of Use |  Other Resources |  Site Map