Assets are quantifiable items — tangible or intangible — that add to your company’s value. Liabilities are what your company owes to others, whether that’s a vendor or a bank that issued a loan.

Do you have any financial liabilities? Find out what this means, along with the different types of liabilities, with the MoneySense Glossary. In the world of personal finance, a liability is a ...

When it comes to a company’s taxes, there are two important categories to understand: assets and liabilities. Tax liability is anything that a person or company owes taxes on, such as income or ...

Silicon Valley Bank's failure is the second largest bank failure in U.S. history, Washington Mutual being the largest in 2008. The catastrophe was not driven by credit problems but mismatch of assets ...

According to Powell, a complete proof-of-reserve audit must include the sum of client liabilities, user-verifiable cryptographic proof that each account was included in the sum and signatures proving ...

Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities, as well as certain non-Bendix ...