Contribution to Book
Assets and LiabilitiesSurvey of Social Science: Economics Series
Document TypeBook Chapter
Publication VersionPublished Version
EditorsFrank N. Magill and Demos Vardiabasis
Place of PublicationPasadena, California
AbstractAssets represent things of value that are owned by a household, firm or government. Liabilities are debts that are owed by a household, firm, or government. Each year, trillions of dollars of assets and liabilities constitute an enormous worldwide capital market that is based on the flows of savings and investments.
Copyright OwnerSalem Press, Inc.
Citation InformationRon Deiter. "Assets and Liabilities" Survey of Social Science: Economics Series Vol. 1 (1991) p. 85 - 88
Available at: http://works.bepress.com/ronald-deiter/7/