Asset-Liability Committee - ALCO
  
A team of superheroes made up of Briefcase Avenger, the Scarlet Decimal, Auditrix and Omega Risk. Together, this fearless foursome battles all unintended risk profile distortions in an unending struggle to secure sound fiscal restraint!
Also, it's a group set up within a corporate structure meant to oversee the firm's balance sheet risk.
Financial institutions, like banks, are most likely to use an ALCO. The group watches over the company's assets and liabilities, making sure its risk profile doesn't get out of whack. The ALCO might also set up emergency funding plans, making sure the company has a way to get extra money if some of its investments go south unexpectedly.
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Finance: What is liability?3 Views
Finance allah shmoop What is a liability What is it
it's what you owe you bought four million gumballs on
credit for your party pack for the parade the money
is owed to gumballs are us in ninety days that's
a short term liability Alright next example you borrowed eighty
three million dollars to set up your new do dental
drive through service and that money is due in twelve
years at seven percent interest a year that's A long
term liability Why long term Because it comes due in
over a year and that's basically it liability comes in
two flavors short and long term and it's one of
the key elements of the balance sheet as it lives
in this space ride over here So yeah that's a
liability all this crap time now considering how many gumballs
you've consumed in the past month you really should get
yourself to a good drive through dentist or maybe sleep 00:00:56.998 --> [endTime] in mr
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