Business terms and jargon explained. Your business dictionary

What is Liability

Is an obligation to make a payment now or in the future.

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Umbrella Fund Ad Hoc Litas Lessor
Shares Asset Allocation Complaint Cost Center
SSL - Secure Sockets Layer Over Trading Autoregressive Portfolio Diversification
TMI Warehoused Goods BTI Lump Sum Distribution
Volume discount Pleadings Payout Period Warrant of detention
MINT Flexitime Age admitted Warranty liability
Job production Parliamentary Agent Institutional Unit De jure
Risk Reversal Chattel Fiscal Territory Indemnify
Profit and Loss Responsibility Risk Cartel Seigniorage
Outside The Scope County Court Appropriate systems Sciens

Term created / updated 2005-07-16 23:12:15

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

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