Amounts owed to creditors, such as a medical building's mortgage, are known as

Name: Amounts owed to creditors, such as a medical building's mortgage, are known as
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Liabilities refer to the debts or obligations a company owes to outside parties, including loans, mortgages, accounts payable, and any other financial obligations. In this context, a mortgage on a medical building is a liability because it is an amount owed to a creditor.

Amounts Owed to Creditors, Such as a Medical Building's Mortgage