liabilities

British  

/ ˌlaɪəˈbɪlɪtɪz /

plural noun

1. accounting business obligations incurred but not discharged and entered as claims on the assets shown on the balance sheet Compare assets

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Example Sentences

Alba—a leading aluminum producer in Bahrain—declared force majeure, freeing the company from its contractual liabilities, on March 4 due to the conflict, according to multiple sources.

From Barron's

The NAV represents the fair value of the underlying assets, calculated by subtracting the fund’s liabilities from its total assets and dividing the remainder by the number of outstanding shares.

From MarketWatch

Both funds trade at huge premiums to their net asset value, the value of its assets minus its liabilities.

From Barron's

On the other side of the ledger are liabilities, including deposits that banks maintain at the Fed known as “reserves.”

From The Wall Street Journal

The paper notes that mortgage debt accounts for over 70% of all household liabilities.

From The Wall Street Journal

Related Words

• damage
• inconvenience
• involvement
• loan
• mortgage
• obligation
• responsibility