liabilities


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li·a·bil·i·ty

 (lī′ə-bĭl′ĭ-tē)
n. pl. li·a·bil·i·ties
1. The state of being liable.
2.
a. Something for which one is liable; an obligation, responsibility, or debt.
b. liabilities The financial obligations entered in the balance sheet of a business enterprise.
3. Something that holds one back; a handicap.
4. Likelihood.

liabilities

(ˌlaɪəˈbɪlɪtɪz)
pl n
(Accounting & Book-keeping) accounting business obligations incurred but not discharged and entered as claims on the assets shown on the balance sheet. Compare assets1

liabilities

Debts, including bank loans and money invested in the business by holders of bonds and shares.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.liabilities - anything that is owed to someone else
possession - anything owned or possessed
plural, plural form - the form of a word that is used to denote more than one
tax liability - the amount of tax owed; calculated by applying the tax rate to the tax base
payables - money that you currently expect to pay on notes and accounts
deficit - an excess of liabilities over assets (usually over a certain period); "last year there was a serious budgetary deficit"
debt - money or goods or services owed by one person to another
charge - financial liabilities (such as a tax); "the charges against the estate"
accounts payable - a debtor's accounts of money he owes; normally arise from the purchase of products or services
Translations
passzíváktartozások

liabilities

[ˌlaɪəˈbɪlɪtɪz] npl (Comm) → debiti mpl; (on balance sheet) → passivo msg, passività f inv
References in classic literature ?
That," said the Assistant Pocketer of Deposits, "is one of our liabilities.
Where, for the first time in many revolving years, the overwhelming pressure of pecuniary liabilities was not proclaimed, from day to day, by importune voices declining to vacate the passage; where there was no knocker on the door for any creditor to appeal to; where personal service of process was not required, and detainees were merely lodged at the gate
She knew every farmer for miles about: how much land he had under cultivation, how many cattle he was feeding, what his liabilities were.
This done, there were actually left, between that time and Christmas, liabilities to be met to the extent of forty thousand pounds, without a farthing in hand to pay that formidable debt.
The Englishman entered, and found Morrel seated at a table, turning over the formidable columns of his ledger, which contained the list of his liabilities.
I will not," continued he, after a moment's silence, "conceal from you, that while your probity and exactitude up to this moment are universally acknowledged, yet the report is current in Marseilles that you are not able to meet your liabilities.
For aught I know you may have extravagant aristocratic habits: if you have, drop them; I tolerate nothing of the sort here, and I will never give you a shilling extra, whatever liabilities you may incur--mind that.
The regulations are generally effective for liabilities incurred or assumed by a partnership after Oct.
Issued in February 2006, FAS 155 amends FAS 133, Accounting for Derivative Instruments and Hedging Activities and FAS 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities.
Prospective investors and lenders are also understandably concerned about unexpected cleanup costs, delays and environmental liabilities that can derail an otherwise promising project.
Insurance agents and brokers, for example, have fiduciary duties and corresponding liabilities, as do executors of estates, trustees of organizations, and guardians.
The 11 percent increase is welcome news for the Los Angeles County Employee Association fund, which had faced soaring unfunded liabilities amid promised increased retiree pensions and rising health care costs and workers' compensation claims.