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Financial Liability

This topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.

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September 15, 2018 at 2:33 pm #474660
gangsta1
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- Topics: 75
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Sir can you please explain what is meant by ” financial liability held for trading”.
September 15, 2018 at 9:42 pm #474702
P2-D2
Keymaster
- Topics: 4
- Replies: 7171
It is debt that is sold on the financial markets, so instead of you paying the debt issuer you pay somebody else who will then assume responsibility for paying the debt.
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