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The general classification is "national debt" but there are arcane exceptions in the accounting, since the term "federal debt" often applies only to the debts of the US Treasury.
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What is the definition of the term payable?
The term payable as an adjective refers to something that is due or required to be paid. As a noun the word payable is a liability or debt owed by a business.
What are the types of liabilities?
In accounting terms, liability describes an obligation. It refers to money owed to complete a transaction, debt that has yet to be paid, or products or services that have been paid for but have not yet been rendered. There are two general classifications to sum up these types of liability: long term and short term/current liability. Long-term describes debt paid out over more than one year, while short-term liability refers to debt paid within a year or less. the two types of liability(in Business matter) are: 1.current liability 2.long-term liability
What are the types of liability insurance?
In accounting terms, liability describes an obligation. It refers to money owed to complete a transaction, debt that has yet to be paid, or products or services that have been paid for but have not yet been rendered. There are two general classifications to sum up these types of liability: long term and short term/current liability. Long-term describes debt paid out over more than one year, while short-term liability refers to debt paid within a year or less. the two types of liability(in Business matter) are: 1.current liability 2.long-term liability
Which term refers to your legal responsibility in case you are involved in an accid?
liability
What is the term that refers to a liability that promises a future outflow of resources?
"payable"
The term curpus delicti refers to strict liability offense?
False
What term means the failure to pay taxes owed to the government?
evasion
What term means failure to pay taxes owed to the government?
evasion
Which term refers to the Constitution of workers who could never afford to pay what they owed?
debt peonage (apex)
What term refers to the condition of workers who could never afford to pay what they owed to company store?
Debt peonage
Which term refers to the condition of workers who could never afford to pay what they owed to a company store?
Debt peonage
Which term refers to the condition of workers who could never afford to pay what they owed to company store?
Debt peonage
