liabilities (Meaning)

Wordnet

liabilities (n)

anything that is owed to someone else

Webster

liabilities (pl.)

of Liability

liabilities Sentence Examples

  1. The company's liabilities far exceed its assets, putting it at risk of bankruptcy.
  2. The liabilities incurred by the project proved to be a significant financial burden.
  3. The government has significant liabilities in the form of national debt and social welfare programs.
  4. Legal liabilities can arise from negligence, contract breaches, and personal injury claims.
  5. Creditors assess a company's liabilities to determine its creditworthiness and loan eligibility.
  6. Long-term liabilities, such as bonds and mortgages, represent future financial obligations.
  7. Contingent liabilities are potential obligations that may or may not materialize in the future.
  8. Accounting standards require businesses to accurately report their liabilities on financial statements.
  9. The transfer of liabilities from one entity to another must be carefully considered and documented.
  10. Managing liabilities effectively is crucial for maintaining financial stability and mitigating risks.

FAQs About the word liabilities

anything that is owed to someone elseof Liability

debt, obligation,score, arrears, indebtedness, embarrassment, insolvency, default, delinquency,bankruptcy

repayment,repayment, quittance, quittance, asset,asset,quietus, quietus

The company's liabilities far exceed its assets, putting it at risk of bankruptcy.

The liabilities incurred by the project proved to be a significant financial burden.

The government has significant liabilities in the form of national debt and social welfare programs.

Legal liabilities can arise from negligence, contract breaches, and personal injury claims.