Talk:Debt

From Wikipedia, the free encyclopedia

Quick facts
Close

Debt vs liability

Is there any difference between debt and liability (as used in accounting)? Nemohuman (talk) 21:29, 31 March 2023 (UTC)

Yes. Debts are created by borrowing and court orders. An obligation that does not arise from either of these is a liability, but not a debt. 67.180.143.89 (talk) 19:39, 7 May 2023 (UTC)

Related Articles

Wikiwand AI