Assertion: asset's liability | /r/HasProperty | money
Facets:
Source sentences:
text: The NAV of a collective investment scheme (such as a U.S. mutual fund or a hedge fund) is calculated by reference to the total value of the fund's portfolio (its assets) less its accrued liabilities (money owed to lending banks, fees owed to investment managers and service providers, and other liabilities).
text: Liabilities are either money a company must pay back or services it must perform and are listed on a company's balance sheet.