Well your liabilities still haven't changed.

My liabilities are what?

This is the angel investor, and this is all of us down here, and all of this is equity.

And let's say that's all of their liabilities.

Anyway.

Who says that you'll have to bear that debt?

So let's say these are debt holders right here.

But we'll talk more about it in the future.

liabilities.

And they got an asset called loan to Bank A.

When his father died, his uncle trafficked him to work with him in the mines.

And first you pay them off.

For the liability side of my balance sheet

They borrow money.

I don't know what other of my assets are going to fail.

We borrowed money at high interest.

What if I sell a socks website, and socks have gotten even more popular.

What do I care!

This company now is completely delevered.

He wants to quit his debts.

He wants to pay off his loan.

He wants to pay off his debts.

He wants to pay back the money he owes.

Trying to borrow money.

Nope. Bill collectors.

Well, the 900 gold pieces, that then goes to the workers.

That we'll just put generally as liability.

And in the end both of you end up in debts.

He must have laid out a great deal of money to pay off Mr Wickham's debts.

So I have a couple of options.

I have heard tales of gaming debts! Oh, sister!

I will still pay your debt.

I borrow money.

It's not coming back, booth.

And we could a whole video on the tax savings from interest.

Plus what I owe?

A loan... 100 million yen?

How much do you owe him? Whoa.

Well, my liability, that's something that I owe to someone else.

Or, you won't even give back the house.

He obtained a release from his debt.

Because now I owe you money, and you know that I'm good for it.

We borrowed money at high interest.

This right here is the debt, or essentially the principal payment on your mortgage, or how much do you owe to the bank.

So, in general, if I borrow P dollars, that's my initial principal, I borrow it at a rate of r and I borrow it for two years, the amount that I owe after two years is Pe to the rt.