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Fixed liability information


A fixed liability is a debt, bond, mortgage or loan that is payable over a term exceeding one year. Such debts are better known as non-current liabilities[1] or long-term liabilities.[2] Debts or liabilities due within one year are known as current liabilities.[3]

  1. ^ "Long-term Liabilities". Accounting Explained. Archived from the original on 29 April 2017. Retrieved 25 April 2017.
  2. ^ "What is a long-term liability?". Accounting Coach. Retrieved 25 April 2017.
  3. ^ "Current Liabilities". Investopedia. 19 November 2003. Retrieved 25 April 2017.

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Fixed liability

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A fixed liability is a debt, bond, mortgage or loan that is payable over a term exceeding one year. Such debts are better known as non-current liabilities...

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Current liability

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that are payable over a term exceeding one year would be fixed liabilities or long-term liabilities. However, the payments due on the long-term loans in the...

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Limited liability

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Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment...

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Balance sheet

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assets and total liabilities. A small business balance sheet lists current assets such as cash, accounts receivable, and inventory, fixed assets such as...

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Product liability

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Product liability is the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to the public...

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Fixed income

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long term liabilities that they wish to hedge, which requires low risk, predictable cash flows, such as long dated government bonds. Some fixed-income securities...

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Fixed asset

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A fixed asset, also known as long-lived assets or property, plant and equipment (PP&E), is a term used in accounting for assets and property that may...

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Vehicle insurance

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limit of liability has been fixed by the law. Currently, the limits are too low to compensate the victims. In respect of Act Only Liability Motor Vehicle...

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Private limited company

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having a private limited company is that there is limited liability. In Albania a limited liability company (Albanian: Shoqëri me përgjegjësi të kufizuar...

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Duration gap

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and liability management (ALM), the duration gap is the difference between the duration - i.e. the average maturity - of assets and liabilities held...

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Floating exchange rate

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of following conditions: high liability dollarization financial fragility strong balance sheet effects When liabilities are denominated in foreign currencies...

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Liquidity crisis

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assets, which are liquid but risky, no longer cover the nominally fixed liability (demand deposits), and depositors therefore withdraw quickly to minimize...

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Deferred tax

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Deferred tax is a notional asset or liability to reflect corporate income taxation on a basis that is the same or more similar to recognition of profits...

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Ministry of Corporate Affairs

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administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008, and the Insolvency and Bankruptcy Code, 2016. It...

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Debits and credits

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categorises the argument under liability accounts. The basic classifications of liability accounts are: Current liability, when money only may be owed for...

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Asset

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assets, liabilities, and owner's equity: Assets = Liabilities + Equity (in financial accounting, the term equity, not Capital, is used) Liabilities = Assets...

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Secondary liability

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" By contrast, courts did not extend liability to landlords who leased premises to a direct infringer for a fixed rental and did not participate directly...

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Kommanditgesellschaft

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(Komplementär) with unlimited liability and limited partners (Kommanditisten) whose liability is restricted to their fixed contributions to the partnership...

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Limited company

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pay a fixed amount in the event of the company's liquidation. Charitable organisations are often incorporated using this form of limited liability. Another...

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