secured liability


secured liability
A debt against which the borrower has provided sufficient assets as security to safeguard the lender in case of non-repayment.

Big dictionary of business and management. 2014.

Look at other dictionaries:

  • secured liability — A debt against which the borrower has provided sufficient assets as security to safeguard the lender in case of non repayment …   Accounting dictionary

  • liability — An obligation to transfer economic benefits (generally money) as a result of past transactions (e.g. the purchase of a fixed asset or a current asset). See also: contingent liability, current liabilities, deferred credit, long term liability,… …   Accounting dictionary

  • liability — 1) The funding of a business debt. See current liabilities; deferred credit; long term liability; secured liability 2) An obligation to make a financial payment. See contingent liability 3) The acceptance of an insurance risk …   Big dictionary of business and management

  • secured liabilities — ➔ liability …   Financial and business terms

  • Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …   Financial and business terms

  • liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …   Financial and business terms

  • Liability Management — Use and management of liabilities, such as customer deposits, by a bank in order to facilitate lending and allow for balanced growth. Management of money accepted from depositors as well as funds secured from other institutions constitute… …   Investment dictionary

  • Limited liability — is a concept whereby a person s financial liability is limited to a fixed sum, most commonly the value of a person s investment in a company or partnership with limited liability. A shareholder in a limited company is not personally liable for… …   Wikipedia

  • air law — Introduction       the body of law directly or indirectly concerned with civil aviation. Aviation in this context extends to both heavier than air and lighter than air aircraft. Air cushion vehicles are not regarded as aircraft by the… …   Universalium

  • ПАССИВ/ОБЯЗАТЕЛЬСТВО — (liability) См.: условное обязательство (contingent liability); текущие обязательства (current liabilities); отсроченное обязательство (deffered liability); долгосрочное обязательство (long term liability); обеспеченное обязательство (secured… …   Словарь бизнес-терминов