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

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

Wealth measures a household’s assets, like stocks, bank accounts and home equity, minus liabilities like mortgages, car loans and credit-card debt.

From The Wall Street Journal

Activities in Ireland and Malta helped trim companies’ tax liabilities.

From The Wall Street Journal

These so-called affiliated investments now amount to an average 76% of surplus, the cushion left over after liabilities are subtracted from assets, A.M.

From The Wall Street Journal

Related Words

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