contractual liability
legal responsibility stated in contract a legal responsibility for something as set out formally in a written agreement
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legal responsibility stated in contract a legal responsibility for something as set out formally in a written agreement
The assets and liabilities of a firm can be segregated into their short-term and long-term components. Short-term assets include cash, cash equivalents, marketable securities, and marketable inventories—i.e., any asset that can be converted in a short period of time to cash. Long-term assets include
By David Shimko
is that an acquisition of shares involves buying the underlying business of that company, with all of its assets but also its liabilities. By acquiring the business only, the assets are transferred but in principle the liabilities are left with the seller. There are some exceptions to this rule so it is advisable to seek
Within all the small print that comes with any new insurance contract, there are some of the most complicated legal provisions and contractual terms that you are likely to find anywhere. The insurance industry spends millions on lawyers’ fees and has teams of in-house professionals constantly
Minsky himself, in his 1992 paper, described what he meant by these three categories. “Hedge financing units are those which can fulfill all of their contractual payment obligations by their cash flows: the greater the weight of equity financing in the liability structure, the greater the likelihood
By David Smith
Definitions of ’contractual liability’ and meaning of ’contractual liability’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’contractual liability’ and other financial terms with our online QFINANCE Financial Dictionary.