Coins or banknotes that must be accepted in payment of a debt.

The average interest rate charged by commercial banks to firms and households. This rate will typically be above the policy […]

The unexpected finding by Wassily Leontief that exports from the US were labour-intensive and its imports capital-intensive, a result that […]

An independent company that handles all the details of printing and mailing letters.

See also: leverage ratio.

The value of assets divided by the equity stake in those assets.

The value of total liabilities divided by total assets.

When a company is acquired using borrowed funds. The debt is usually repaid by money made by the acquired company.

Liabilities, on the other hand, are obligations owed by the business. Accounts payable, representing bills you must pay every month, […]

The legal responsibility to pay for an injury.