trade liabilities

It would also apply to persons who deal in futures to hedge their trade liabilities (such as manufacturers hedging commodity prices).

In the amended agreement, Barclays would absorb $47.4 billion in securities and assume $45.5 billion in trading liabilities.

Assets were: Book Debts, guaranteed by the vendors: £54,645, Stock-in-trade £32,571, Premises, Plant, Fixtures, etc. £44,938, less trade liabilities £67,601, net surplus £64,555.

INC., Sparks, Md., said it would sell its packaging business to Kerr Group Inc., Lancaster, Pa., a maker of plastic containers and vials, for $142.5 million, including trade liabilities.

"Enron loves these deals as they are able to hide funded debt from their equity analysts" and "bury it in their trading liabilities," a Chase employee said in an e-mail message the company now calls inaccurate.

The banks have responded that those transactions - which critics say allowed Enron to disguise loans as trading liabilities - properly followed accounting rules, and were the workaday product of a widely used business known as structured finance.

At the end of September, Enron's gross derivatives trading liabilities - the amount of money it would owe to other market players if it filed for bankruptcy - stood at $18.7 billion, up slightly from June levels but about $1.3 billion less than at the end of last year.