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Accounting > Off-balance Sheet Liabiility

The following information is about Off-balance Sheet Liabiility.

Off-balance Sheet Liabiility Defined

is an item not reported within the body of a financial statement as a liability that may require future payment or servicese.g.litigationrenegotiated claims within a government contractand guarantees of future performance.

This definition is in context to Accounting. See more contextual defintions for Off-balance Sheet Liabiility.


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