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

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Example Sentences

De Wever has insisted he wants to get rock-solid guarantees from other EU countries that they will share any legal and financial liabilities.

From Barron's

“The greater part of the explanation lies in the costs and liabilities of hiring in California — costs and especially liabilities that are higher than other states,” he said in an emailed statement.

From Los Angeles Times

Joy Reyes, a climate litigation researcher at the Grantham Institute, said that increasingly courts are taking into account climate science and creating a connection between companies and their liabilities.

From The Wall Street Journal

Roth conversions are a great way to lower your tax liabilities in the future, and they give you more power in determining how you spend down your retirement savings.

From MarketWatch

In theory, people who anticipate lower tax liabilities could decrease how much of their paycheck goes to the IRS throughout the year.

From MarketWatch

Related Words

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