liability

  • 31liability — Legal responsibility, either civil or criminal. The condition of being bound in law and justice to pay an indebtedness or discharge some obligation. Feil v Coeur D Alene, 23 Idaho 32, 129 P 643. The state or condition of a person after he has… …

    Ballentine's law dictionary

  • 32Liability — A company s legal debts or obligations that arise during the course of business operations. Liabilities are settled over time through the transfer of economic benefits including money, goods or services. Recorded on the balance sheet (right side) …

    Investment dictionary

  • 33liability — I (New American Roget s College Thesaurus) Responsibility Nouns 1. liability, liableness, responsibility, possibility, probability, contingency, susceptibility; duty; liabilities, debts (see debt); drawback (see hindrance). See tendency. 2.… …

    English dictionary for students

  • 34liability — noun 1) journalists liability for defamation Syn: accountability, responsibility, legal responsibility, answerability; blame, culpability, guilt, fault Ant: immunity 2) they have big liabilities Syn …

    Thesaurus of popular words

  • 35liability — /laɪəˈbɪləti / (say luyuh biluhtee) noun (plural liabilities) 1. an obligation, especially for payment; debt or pecuniary obligations (opposed to asset). 2. something disadvantageous. 3. the state or fact of being liable: liability to jury duty;… …

  • 36liability — noun a) the condition of being liable I was to say that Maw and Meggins disclaim all responsibility, continued the other. They admit no liability at all, but in consideration of your sons services they wish to present you with a certain sum as… …

    Wiktionary

  • 37liability — A commitment to pay for goods, services, or financing costs. Liabilities possess a number of characteristics: (i) They give rise to transfers of quantifiable economic benefits, in the form of *cash payments or *payments in kind; (ii) they are… …

    Auditor's dictionary

  • 38liability — noun 1) they have big liabilities Syn: obligations, debts, arrears, dues, commitments 2) he s become a bit of a liability Syn: hindrance, encumbrance, burden, handicap, nuisance, in …

    Synonyms and antonyms dictionary

  • 39liability — li•a•bil•i•ty [[t]ˌlaɪ əˈbɪl ɪ ti[/t]] n. pl. ties 1) bus liabilities a) moneys owed; debts or pecuniary obligations (opposed to assets) b) liabilities as detailed on a balance sheet, esp. in relation to assets and capital 2) something… …

    From formal English to slang

  • 40liability — įsipareigojimas statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Dėl ūkinių įvykių ar atliktų ūkinių operacijų atsirandanti prievolė, kurią privaloma ar ateityje bus privaloma atlikti atsiskaitant turtu ir… …

    Lithuanian dictionary (lietuvių žodynas)