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

The budget rules also require that the stock of debt—measured as public sector net financial liabilities—should be falling by the fiscal year ending in 2030.

From The Wall Street Journal

Like retirement systems across the country, Alabama’s state-employee and teacher funds face significant unfunded liabilities.

From The Wall Street Journal

“Those taxpayers are left to defend their tax returns when the government suddenly appears unannounced, out of nowhere, asserting massive tax liabilities from decades earlier,” the filing said.

From MarketWatch

Unlike the existing nonrefundable Saver’s Credit — which provides little benefit to workers with low tax liabilities — the refundable match would be deposited directly into workers’ retirement accounts, she noted.

From MarketWatch

Unlike the existing nonrefundable Saver’s Credit — which provides little benefit to workers with low tax liabilities — the refundable match would be deposited directly into workers’ retirement accounts, she noted.

From MarketWatch

Related Words

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