World War I Tech
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liability
In accounting, a financial obligation. Liabilities are placed alongside assets on a balance sheet to show the wealth of the individual or company concerned at a given date. Business organizations often distinguish between current liabilities such as overdrafts, trade credit, and provisions, and long‐term liabilities such as debentures, mortgages, and unsecured loans.
From the Hutchinson Encyclopedia of World History. © Research Machines plc [2006] All Rights Reserved, Helicon Publishing is a division of Research Machines.
1776: United States declares independence
After a decade of economic conflict with Great Britain, the 13 colonies answer King George III's... More >
After a decade of economic conflict with Great Britain, the 13 colonies answer King George III's... More >
Ancient Chinese Sports
Catapulting viewers into a sporting world that few knew existed, a world that thrived centuries... More >
Sat 4 Jul 9.00pm |
The Plague (Part 2 of 2)
In 1437, the worst biological disaster in history swept... More >
Sat 4 Jul 10.00pm |