21.   The agreement releases the company from future liability, he said.

22.   When Maytag sold Hoover Europe, it had established a reserve fund to cover future liabilities from the free flights case, Schwartz said.

23.   Using another, which values buildings less and takes future liabilities into account, the company would be in the red, she said.

24.   In Britain most pensions are funded by savings which are capitalised and represent a net stock of assets to meet future liabilities.