TeachMeFinance.com - explain Fixed liabilities
Fixed liabilities -- Same as fixed indebtedness ; see Fixed indebtedness.
Also, the term applies to liabilities that have been determined,
as actual liabilities, in distinction from contingent liabilities.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.