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

---

Example Sentences

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

In 2019, PG&E filed for bankruptcy protection to shield itself from tens of billions of dollars in potential liabilities after fires ignited by its grid killed more than 100 people.

From Los Angeles Times

"That's a crucial difference with other sovereign wealth funds which have no promises to pay. They are just a bunch of assets, usually from oil revenues, with no liabilities to meet."

From BBC

An added benefit is that a bill-heavy portfolio would better match the Fed’s short-term liabilities, reducing the duration mismatch that has produced recent operating losses and, with them, unwanted political attention.

From Barron's

Related Words

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