Assertion: debt | /r/HasProperty | liability
Facets:
value: to those accounts
type: OTHER
Source sentences:
text: All credit is debt, a liability.
text: Debt held by government accounts is an asset to those accounts but a liability to the Treasury; they offset each other in the consolidated financial statements.
text: A company’s debt is its liabilities or the money on its books that’s in the red.
text: Debts, also known as liabilities, can either be interest-bearing, which means they accrue interest that your business must then pay, or noninterest-bearing, which means they don't.
text: On a balance sheet, the formal definition is that debt (liabilities) plus equity equals assets, or any equivalent reformulation.