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- Something a person or company owesLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
A liability is something a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services.
www.investopedia.com/terms/l/liability.aspDefinition of liability. 1 a : the quality or state of being liable was cleared of liability for the accident. b : probability. 2 : something for which one is liable especially : pecuniary obligation : debt —usually used in plural business assets and liabilities.
www.merriam-webster.com/dictionary/liability Liability Definition & Meaning - Merriam-Webster
WEBLearn the various meanings and uses of the word liability, from legal and financial contexts to everyday language. Find synonyms, examples, word history, and related phrases for liability.
Liability: Definition, Types, Example, and Assets vs. Liabilities
Learn what a liability is in accounting and business, how it differs from an asset, and how to classify it as current or non-current. Find out the common exampl…
LIABILITY | English meaning - Cambridge Dictionary
WEBthe responsibility of a person, business, or organization to pay or give up something of value: [ U ] He denies any liability in the accident. [ C usually pl ] The business has …
LIABILITY | definition in the Cambridge English Dictionary
WEBLearn the meaning of liability as a noun in different contexts, such as law, finance and business. Find out how to use liability in sentences and phrases with other words.
Interesting reads - Liability
Powered by Microsoft StartLIABILITY Definition & Meaning | Dictionary.com
WEBLiability is a noun that means a financial obligation, a disadvantage, or a likelihood. Learn how to use it in a sentence, find related words and browse other terms in the dictionary.
Liability - Definition, Meaning & Synonyms - Vocabulary.com
WEBA liability is a debt or obligation or a personal flaw that stands in your way. A company's liabilities are simply the debts on its ledger, but a personal liability might be your …
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liability noun - Definition, pictures, pronunciation and usage notes ...
WEBnoun. /ˌlaɪəˈbɪləti/ (plural liabilities) [uncountable] the state of being legally responsible for something. liability (for something) The company cannot accept liability for any damage …
LIABILITY definition and meaning | Collins English …
WEBLearn the meaning of liability as a noun in different contexts, such as business, law, insurance, and hospitality. Find synonyms, pronunciation, collocations, and usage examples of liability.
liability Definition, Meaning & Usage | Justia Legal Dictionary
WEBLearn the legal meaning of liability, a term that refers to the condition or state of being held legally responsible for something. Find out how to use liability in a sentence and …
LIABILITY definition in American English - Collins Online Dictionary
WEBLearn the meaning of liability as a noun in American and British English, with synonyms, pronunciation, and usage examples. Find out how liability relates to insurance, …
What Is A Liability? – Forbes Advisor
WEBMar 11, 2021 · A liability is a debt you must pay off, now or in the future, using your assets. Learn about the types, impacts and ways to minimize liabilities for personal and business finance.
Liability - Definition, Accounting Reporting, & Types
WEBWhat is a Liability? A liability is an obligation of a company that results in the company’s future sacrifices of economic benefits to other entities or businesses. A liability, like debt, …
Liability Definition & Meaning | Britannica Dictionary
WEBLearn the meaning of liability as a noun, with examples of different types and uses. Find out how to distinguish between liability and related terms such as responsibility, …
Liability - Definition, Examples, Cases - Legal Dictionary
WEBSep 5, 2016 · Learn what liability means in law, finance, and everyday life. Find out the difference between civil and criminal liability, and how to use a liability waiver.
What is a liability? Definition and examples - Market Business News
WEBLearn what a liability is in accounting and finance, and how it affects the balance sheet and the solvency of a company. Find out the different types of liabilities, such as …
liability noun - Definition, pictures, pronunciation and usage notes ...
WEBDefinition of liability noun in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
What Is A Liability? Definition And Examples - Seeking Alpha
WEBJul 4, 2023 · In finance and accounting, a liability is a debt that is owed by a person or entity. Financial liabilities can also represent legal obligations to pay money into the …
What Are My Financial Liabilities? - NerdWallet
WEBA liability is money you owe to another person or institution. A liability might be short term, such as a credit card balance, or long term, such as a mortgage.
Short-Term Liabilities vs Long-Term Liabilities - Finance Strategists
WEBMay 22, 2023 · Learn what a liability is, how it differs from an expense, and how to classify it as short-term or long-term. Find out how liabilities affect a company's capital structure, …
Liability (financial accounting) - Wikipedia
WEBLearn what a liability is in financial accounting, how it is defined, classified, and recorded. A liability is a present obligation of an entity to deliver value in the future to satisfy a …
Liability: Definition, Types, and Examples - FounderJar
WEBJan 22, 2024 · A liability is a non-depreciable value that someone or a company owes and includes taxes, accounts payable, bonds, employee wages, and long-term loans. For …
What is a Liability? Definition, Types and Examples - Techopedia
WEBDec 5, 2023 · What is a Liability? A liability refers to a company’s financial obligations that arise from past transactions or events. It is essentially a debt owed by a company to a …
Liability Definition & Example - InvestingAnswers
WEBAug 12, 2020 · What is a Liability? In finance and investing, a liability is a claim on a company's assets. How Does a Liability Work? For example, let's assume that XYZ …
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