2006-08-30 20:12:12 · 3 answers · asked by striker 1 in Business & Finance ➔ Taxes ➔ Australia
Equity is things like shares, while a liability is like a loan. With a liability, you owe money, end of story.
With an equity instrument, you invest money, you make an initial outlay, but you expect returns... For example, a share pays dividends and you get money back when you sell it.
2006-08-31 01:48:32 · answer #1 · answered by chicgirl639 3 · 0⤊ 0⤋
Equity Instrument
2016-11-07 08:32:43 · answer #2 · answered by nedeau 4 · 0⤊ 0⤋
Equity is a financial instrument that does not include contractual obligation to deliver cash or another financial asset to another entity.
Financial Liability is any liability that is a contractual obligation to deliver cash or another financial asset to another entity.
2014-11-05 20:50:51 · answer #3 · answered by Anonymous · 0⤊ 0⤋