The state of being responsible for something, esp. by law
the partners accept unlimited liability for any risks they undertake
A thing for which someone is responsible, esp. a debt or financial obligation
valuing the company's liabilities and assets
A person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage
he has become a political liability
the state of being legally obliged and responsible
indebtedness: an obligation to pay money to another party
the quality of being something that holds you back
(liabilities) anything that is owed to someone else
(liable) apt(p): at risk of or subject to experiencing something usually unpleasant; "he is apt to lose"; "she is liable to forget"
liable(p): subject to legal action; "liable to criminal charges"
In financial accounting, a liability is defined as an obligation of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future.
(Liable) Legal liability is the legal bound obligation to pay debts.
the condition of being liable; an obligation, debt or responsibility owed to someone; a handicap that holds one back; the likelihood of something happening
(liabilities) An amount of money in a company that is owed to someone and has to be paid in the future, such as tax, debt, interest, and mortgage payments
(liable) Bound or obliged in law or equity; responsible; answerable; Exposed to a certain contingency or casualty, more or less probable; Likely
(liabilities) Debt or other legal obligation arising out of transactions in the past which must be liquidated, renewed or refunded at some future date. This term does not include encumbrances.
(LIABILITIES) Debts or claims that creditors have against assets.
(Liabilities) Claim on the assets of a company or individual-excluding ownership equity. Characteristics: (1) It represents a transfer of assets or services at a specified or determinable date. (2) The firm or individual has little or no discretion to avoid the transfer. ...
(Liabilities) In insurance terms, an obligation of one party to another for damages made resulting in personal injury and/or damages to a person's property and/or other assets.
(Liabilities) A list of debts owned.
(Liabilities) The debts that need to be settled by the estate following the death of the deceased.
(liabilities) All debts owed by a person, whether immediate or contingent.
(Liabilities) a business’s obligations to pay money or provide goods or services to another party. Liabilities are claims against a firm’s assets. Examples: An outstanding bank loan or savings the institution has mobilized from others.
(Liabilities) Debts and obligations of the company or individual. An example of these would be bank loans, mortgages, credit cards or store cards.
(Liabilities) Debts owed by a company or individual.
(Liabilities) What you owe, including taxes, mortgage, car loan and credit card balances.
(Liabilities) a) Debts (plus, in the case of companies, dividends due to shareholders). Opposite of Assets; b) A stream of obligations (eg. pension payments).
(Liabilities) The debts and obligations of a company or an individual. Current liabilities are debts due and payable within one year. Long-term liabilities are those payable after one year. Liabilities are found on a company's balance sheet or an individual's net worth statement.