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A liability is something a person or company owes, usually a sum of money. Payment can be either near- or long-term. Liability can also mean a legal risk or obligation.| Investopedia
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A balance sheet is a financial statement that reports a company's assets, liabilities and shareholder equity at a specific point in time.| Investopedia
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A credit report is a detailed breakdown of an individual's credit history, compiled by one of the three major credit bureaus.| Investopedia
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A hedge fund pools the money of a limited partnership of private investors; fund managers invest in risky and nontraditional assets to obtain above-average returns.| Investopedia