Writing about a new work learned Recently, I learned a new word which belong to the financial field. This word is: liability. A liability is one of the balance sheet section of a company. It allows managers to be well informed about the debts of the company. Most of time, the higher the debt will be, the lower the financial heath will be, but it is not always true because sometimes the company has to borrow money to be able to stay competitive against the others companies in the same activity field. The loan will allow to create more cashflow and even, reduced the debt which has been contracted for acquiring this same money.