liabilities
/ˌlaɪ.əˈbɪl.ɪ.tiz/
Definition

Definition of liabilities - Reverso English Dictionary

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Noun, plural

1.
debtsTECH.amounts owed by a company or individualTECH.
  • The company's liabilities exceeded its assets.
payables
2.
accountingTECH.right side of a balance sheetTECH.
  • Liabilities are listed on the right side of the balance sheet.
credit side
3.
disadvantagesRarefeatures or qualities that disadvantage someoneRare
  • His impatience and ego are liabilities in team meetings..
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Expressions with liabilities

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the sum of all financial obligations
The company's total liabilities exceeded its assets.
amounts a financial institution owes customers who have placed money with it
The bank reduced its deposit liabilities by encouraging clients to buy bonds.
financial debts or duties that meet set rules for special treatment
The bank increased its eligible liabilities to comply with new regulations.
pay all debts or obligations that are owed
He struggled to meet his liabilities on time.

Origin of liabilities

Latin, ligare (to bind)

Terms with liabilities included in their meaning

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liability coverage
policy for covering car-related liabilities
finance
burdened by financial obligations or liabilities
finance
excess of assets over liabilities
finance
situation where liabilities exceed assets
financial status
total value of a person's financial assets minus liabilities
accounting
financial statement showing assets, liabilities, and equity
money markets
restructuring of liabilities by trading them or changing their terms
finance
value of assets minus liabilities

Examples of liabilities in a sentence

  • They reviewed the liabilities before the merger.
  • The company's liabilities increased this quarter.
  • Liabilities must be balanced with assets.
  • The company's environmental record was a liability.
  • His shyness was seen as a liability in social situations.

View all translations of liabilities

Click below to see the appropriate translations facing each meaning.
  1. French:passifs, points faibles, ...
  2. German:Verbindlichkeiten, Passiva, ...
  3. Italian:passività, svantaggi, ...
  4. Spanish:deudas, obligaciones, ...
  5. Portuguese:passivos, passivo, ...
  6. Chinese:负债, 责任, ...
  7. Japanese:負債, 責務, ...
  8. Arabic:الِالْتِزَامَات, مَطْلُوبات, ...
  9. Hebrew:הִתְחַיְּבוּיוֹת, הִתְחַיְּבוּיוֹת, ...
  10. Russian:обязательства, пассивы, ...
  11. Ukrainian:зобов'язання, пасиви, ...
  12. Hindi:देनदारियाँ, देयताएं, ...
liability
ˌlaɪəˈbɪlɪti

Definition of liability - Reverso English Dictionary

Noun

1.
burdenperson or thing that causes problems
  • His unpredictable behavior is a liability to the team.
burden hindrance
2.
legalTECH.state of being legally responsibleTECH.
  • The company accepted liability for the accident.
accountability obligation responsibility
3.
financeTECH.obligation or debt owed to someoneTECH.
  • The company has significant liabilities on its balance sheet.
debt obligation
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Expressions with liability

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start causing problems or being a disadvantage
He began to become a liability to the team.
formally refuse responsibility for possible harm or loss
The company accept no liability for lost items.
cause problems or difficulties
His constant lateness can be a liability to the team.
formally deny any responsibility for possible harm, loss or claims
The company will disclaim all liability for damage caused by misuse.
not being a disadvantage or burden
His lack of experience was no liability in the interview.
responsibility recognized by law to answer for actions or pay damages
The company faced legal liability for the environmental damage it caused.

Origin of liability

Latin, ligare (to bind) + -ability (suffix)

Examples of liability in a sentence

  • His lack of experience is a liability in negotiations.
  • The court ruled on the liability of the defendant.
  • Insurance covers liability for property damage.
  • The liabilities were settled after the merger.
  • His personal liabilities exceeded his assets.

View all translations of liability

Click below to see the appropriate translations facing each meaning.
  1. French:fardeau, responsabilité, ...
  2. German:Belastung, Haftung, ...
  3. Italian:peso, responsabilità, ...
  4. Spanish:carga, responsabilidad, ...
  5. Portuguese:entrave, responsabilidade, ...
  6. Chinese:负担, 责任, ...
  7. Japanese:負担, 責任, ...
  8. Arabic:عبء, مَسْؤُولِيَّة قَانُونِيَّة, ...
  9. Hebrew:נֶטֶל, אַחֲרָיוּת, ...
  10. Russian:обуза, ответственность, ...
  11. Ukrainian:тягар, відповідальність, ...
  12. Hindi:बोझ, दायित्व, ...
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