A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Forbes contributors publish independent expert analyses and insights. David John Marotta is a financial advisor covering financial planning. Typically, your financial plan contains assets, liabilities ...

Assets generate income and appreciate in value, while liabilities drain resources and depreciate over time. Do you want to improve your net worth? Probably so. But if you’re like many people, you ...

Current liabilities are a company's short-term financial obligations; they are typically due within one year. Examples of current liabilities are accrued expenses, taxes payable, short-term debt, ...

Auto liability insurance is required in most states—but what does it actually cover? Here's how it works and why it's essential for every driver Amy Danise is the staff Senior Insurance Editor for Buy ...

Bob Haegele is a freelance writer specializing in topics such as insurance, investing, and credit cards. His work has appeared on Business Insider, CreditCards.com, and other nationally recognized ...

The stock market decline of 2022 is projected to push the unfunded liabilities of state-run pension systems to $1.3 trillion for the fiscal year, according to a Reason Foundation analysis. The steps ...

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

Auto liability insurance covers injuries and property damage you cause to others in an accident. It includes bodily injury and property damage liability, both with specific coverage limits. Most ...