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2. Letter of credit - Wikipedia

   en.wikipedia.org/wiki/Letter_of_credit

   Standby letter of credit (SBLC): Operates like a commercial letter of credit, except that typically it is retained as a standby instead of being the intended payment mechanism. In other words, this is an LC which is intended to provide a source of payment in the event of non-performance of contract.

3. Banker's acceptance - Wikipedia

   en.wikipedia.org/wiki/Banker's_acceptance

   Often, banks were willing to buy time drafts from the party holding the acceptance, provided the issuer was credit worthy. [8] If the party holding the acceptance sold the note before maturity, a discount value called the Banker's Discount was used to reduce the face value of the amount to be handed over to the claimant.

4. Off-balance-sheet - Wikipedia

   en.wikipedia.org/wiki/Off-balance-sheet

   If the client subsequently sells the stock and deposits the proceeds in a regular bank account, these would now again appear as a liability of the bank. As an example, UBS has CHF 60.31 billion Undrawn irrevocable credit facilities off its balance sheet in 2008 (US$60.37 billion.) [2] Citibank has US$960 billion in off-balance-sheet assets in ...

5. Types of Risk-Affecting Assets and Liabilities - AOL

   www.aol.com/finance/types-risk-affecting-assets...

   Business firms use a financial analysis technique called asset vs. liability management (ALM) to mitigate risk due to a mismatch in their assets and liabilities. ... For example, look at a ...

6. Liability (financial accounting) - Wikipedia

   en.wikipedia.org/wiki/Liability_(financial...

   In financial accounting, a liability is a quantity of value that a financial entity owes. More technically, it is value that an entity is expected to deliver in the future to satisfy a present obligation arising from past events. [1] The value delivered to settle a liability may be in the form of assets transferred or services performed.

7. Long-term liabilities - Wikipedia

   en.wikipedia.org/wiki/Long-term_liabilities

   If a liability is currently due in fewer than twelve months and is in the process of being refinanced so that it is due after a year, then a company can record this debt in long-term investments. [2] Additionally, if a liability is to be covered by a long-term investment, it can be recorded as a long-term liability even if it is due in the ...