|
|
|
| French
Equivalent: Passifs |
| Definition: |
|
A liability is an obligation which requires one unit (the debtor) to make a payment or a series of payments to the other unit (the creditor) in certain circumstances specified in a contract between them.
|
| Source
Publication: |
|
SNA [10.4].
|
| Statistical
Theme: National accounts |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Wednesday, November 14, 2001 |
|
|
|
|
|
|
|
|
|
|
|
|
|
