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Liabilities Meaning in English

word · lemma: liability

ˌɫaɪəˈbɪɫətiz/, /ˌɫaɪəˈbɪɫɪtiz
ly-uh-BIL-uh-teez
lˌaɪəbˈɪlɪtiz
ly-uh-BIL-i-teez

परिभाषा

Liabilities are amounts of money or obligations that a person or company owes to others, usually listed in accounting. It can also refer to legal responsibilities or things that can cause problems for someone.

उपयोग और बारीकियां

Commonly used in business and finance contexts, especially in plural form. Typical collocations include 'current liabilities', 'long-term liabilities', and 'legal liabilities'. Not to be confused with 'assets', which refers to things owned.

उदाहरण वाक्य

The company has many liabilities on its balance sheet.

basic

You must list all your liabilities when applying for a loan.

basic

Her liabilities include credit card debt and a car loan.

basic

After the accident, his liabilities grew because of legal fees.

natural

We need to reduce our liabilities before expanding the business.

natural

Outdated machines have become liabilities for the factory.

natural