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 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

But it could also leave Nipsco on the hook for billions of dollars in liabilities if the data-center developers walked away after the infrastructure was already built.

From Barron's

But two sources with knowledge of Bass’ office said that after receiving an early draft of the report, the mayor told Villanueva it could expose the city to legal liabilities.

From Los Angeles Times

Then, when the magic suddenly vanished, those same contracts turned into enormous liabilities.

From The Wall Street Journal

Related Words

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