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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 - People also ask
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 extreme …
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 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, 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, …
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 current, long …
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, 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 (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 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 Are Examples of Current Liabilities? - Investopedia
WEBJun 29, 2024 · Current liabilities are used by analysts, accountants, and investors to gauge how well a company can meet its short-term financial obligations. In short, a company …
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 …
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 | Wex | US Law | LII / Legal Information Institute
WEBLiability is when a party is held legally responsible for something in a civil case. Learn about the types of liability, the factors that determine liability, and the ways to reduce liability risk.
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.
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 and Types - BYJU'S
WEBLearn what liability is in accounting and how it is classified into current, non-current and contingent liabilities. Find out the examples, impact and relation of liabilities with …
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