ENGLISH DICTIONARY

Liabilities

Definition & Meaning

Part of speech noun

Quick meaning: Liabilities is a noun meaning plural of liability.

Meaning

plural of liability.

More Meanings

  1. (finance) An amount of money that is owed and has to be paid in the future, such as tax, debt, interest, and mortgage payments.
  2. (accounting) The right side of a balance sheet.

Related Words

Related dictionary entries include assets, bond, payables, pay, opt-out, debt.

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Sources & Attribution

FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0

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