plural noun

a list of all liabilities in a set of accounts, including overdrafts, amounts owing to other companies in the group, trade creditors, payments received on account for goods not yet supplied, etc.

Browse by Subjects
credit check
concealment of assets
Individual Voluntary Arrangement
deferred creditor
cash flow accounting
See All Related Terms »

arbitrage syndicate
Carry Currency
return on net assets
Romalpa clause