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liabilities |
Also found in: Medical, Legal, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.03 sec. |
liabilities [ˌlaɪəˈbɪlɪtɪz] pl n
(Economics, Accounting & Finance / Accounting & Book-keeping) Accounting business obligations incurred but not discharged and entered as claims on the assets shown on the balance sheet Compare assets [1] ThesaurusLegend: Synonyms Related Words Antonyms
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| 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. |
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