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

“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

Public sector net financial liabilities is a broader measure, including, for instance, the money the government gets from people repaying their student loans, which could give Reeves £50bn more to spend.

From BBC

The funds have been used to make payments to two other charities - Save the Children Fund and the Mayor’s Fund for London - and to cover the cost of Fashion for Relief's liabilities.

From BBC

Shein has previously said it complies fully with all its UK tax liabilities.

From BBC

Related Words

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