Most businesses carry long-term and short-term debt, both of which are recorded as liabilities on a company's balance sheet. Business debt is typically categorized as operating versus financing.

Financial statements are like a report card for a business. They highlight a company's health and financial wellness through numbers like income and debt. These statements come in different forms, ...

Debt comes in many forms like mortgages, student loans, credit cards and national debt. It can be advantageous or detrimental to personal, corporate or national finances. Some try to evade debt at all ...

A liability is a financial obligation or debt owed. Liabilities are key elements on every company’s balance sheet, and therefore, important to stock and bond investors. Learn more. In finance and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...