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

Unlike insurers and pensions, which match investments to long-term liabilities that won’t come due for years, individuals often sell holdings to pay for major life expenses.

From The Wall Street Journal

According to the terms of the settlement, the university agreed to give the students their degrees but denied all liabilities and banned them from studying or working there in future.

From BBC

Those third parties joined with the Boy Scouts to contribute their insurance and other assets and will be protected from future liabilities.

From The Wall Street Journal

With more than 40 additional cases pending in state courts, the potential liabilities are staggering.

From The Wall Street Journal

The 2008 financial crisis represents another infamous example of expanding liabilities without necessary capital.

From The Wall Street Journal

Related Words

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