ACCRUED LIABILITY Definition

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ACCRUED LIABILITY are liabilities which are incurred, but for which payment is not yet made, during a given accounting period. Some examples in a manufacturing environment would be: wages, taxes, suppliers/vendors, etc.

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UNLIQUIDATED can mean: not liquidated; not exactly ascertained; not adjusted or settled.

TOTAL RETURN is the rate of return on an investment or portfolio that takes into consideration both earned income and changes in market value.

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