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liabilities

li·a·bil·i·ty
L l

Transcription

    • US Pronunciation
    • US IPA
    • UK Pronunciation
    • UK IPA
    • [lahy-uh-bil-i-tee]
    • /ˌlaɪ əˈbɪl ɪ ti/
    • /ˌlaɪ.əˈbɪl.ɪ.ti/
    • US Pronunciation
    • US IPA
    • [lahy-uh-bil-i-tee]
    • /ˌlaɪ əˈbɪl ɪ ti/

Definitions of liabilities word

  • noun plural liabilities liabilities. moneys owed; debts or pecuniary obligations (opposed to assets). Accounting. liabilities as detailed on a balance sheet, especially in relation to assets and capital. 1
  • noun plural liabilities something disadvantageous: His lack of education is his biggest liability. 1
  • noun plural liabilities Also, liableness. the state or quality of being liable: liability to disease. 1
  • noun liabilities Plural form of liability. 1
  • noun plural liabilities business obligations incurred but not discharged and entered as claims on the assets shown on the balance sheet 0
  • noun liabilities A company's liabilities are the sums of money which it owes, that are entered as claims on the assets shown on the balance sheet. 0

Information block about the term

Origin of liabilities

First appearance:

before 1785
One of the 44% newest English words
First recorded in 1785-95; li(able) + -ability

Historical Comparancy

Parts of speech for Liabilities

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation

liabilities popularity

A common word. It’s meaning is known to most children of preschool age. About 90% of English native speakers know the meaning and use the word.
Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

liabilities usage trend in Literature

This diagram is provided by Google Ngram Viewer

Synonyms for liabilities

noun liabilities

  • responsibilities — the state or fact of being responsible, answerable, or accountable for something within one's power, control, or management.
  • charges — Plural form of charge.
  • debts — Plural form of debt.
  • duties — something that one is expected or required to do by moral or legal obligation.
  • compulsions — Plural form of compulsion.

Antonyms for liabilities

noun liabilities

  • assets — the property and claims against debtors that a business enterprise may apply to discharge its liabilities. Assets may be fixed, current, liquid, or intangible and are shown balanced against liabilities

Top questions with liabilities

  • what does liabilities mean?
  • what is tax liabilities?
  • what are liabilities?
  • what are current liabilities?
  • what are assets and liabilities?
  • what is tax liabilities on w4?
  • what is liabilities?
  • what are liabilities in accounting?
  • what are contingent liabilities?
  • what is a tax liabilities?
  • what are long term liabilities?
  • what are long-term liabilities?
  • how to calculate liabilities?
  • what is current liabilities?
  • how to adjust payroll liabilities in quickbooks?

See also

Matching words

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