By the Liabilities of a Financial Institution, We Mean the Amount

Essay

By the liabilities of a financial institution, we mean the amount and timing of the cash outlays that must be made to satisfy the contractual terms of the obligations issued. The liabilities of any financial institution can be categorized according to four types where the categorization assumes that the entity that must be paid the obligation will not cancel the financial institution's obligation prior to any actual or projected payout date. Using a table format, name and describe these four types.