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Synonyms

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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Last year, the City Council and mayor declared a fiscal state of emergency as they faced a $1-billion deficit due to revenue shortfalls as well as increased liabilities from the Palisades fire.

From Los Angeles Times ● Nov. 3, 2026

Mark Toney, executive director of the Utilities Reform Network, called the idea of permanently capping shareholders’ liabilities for fires “completely unacceptable.”

From Los Angeles Times ● Nov. 3, 2026

Anthropic’s red ink arose mainly from marking up the value of liabilities on its balance sheet, a process that produces losses on the income statement much like marking down an asset’s value does.

From The Wall Street Journal ● Oct. 27, 2026

The move paves the way for Frasers to consolidate Hugo Boss’s earnings, assets and liabilities into its own.

From The Wall Street Journal ● Oct. 26, 2026

We have already noted some of the assets and liabilities they brought along with them.

From "Founding Brothers: The Revolutionary Generation" by Joseph J. Ellis

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