Examlex
As a response to the Great Depression and in contrast to previous federal economic policy:
Liabilities
Financial obligations or debts that an entity owes to external parties, which must be settled over time through the transfer of economic benefits.
Stockholders' Equity
The residual interest in the assets of a corporation after deducting liabilities, representing owners' claims on the company's resources.
Increase Assets
The process by which a company's resources, valuable to its operations and financial growth, are augmented or enlarged.
Decrease Assets
A reduction in the total value of assets owned by an entity, occurring through expenses, losses, asset disposals, or using up assets in operations.
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