liabilities

/ 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

A non-profit company funded by the drinks industry, it folded with debts and liabilities of more than £86m.

From BBC

In a court filing, the Orlando, Fla.-based company said it has more than 100,000 creditors and between $1 billion and $10 billion in estimated liabilities.

From Los Angeles Times

“Based on his actions in his first term as President, I judge that Donald Trump’s assets far outweigh his liabilities,” he wrote.

From Los Angeles Times

Border security is one of Harris’ biggest political liabilities.

From Los Angeles Times

That comes with its own liabilities.

From Los Angeles Times

Related Words

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