Meaning Of The Word Liabilities

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What's the definition of Liabilities? Find Liabilities meanings, definitions and more at the Real Dictionary online.

Liabilities Meaning

Liabilities Definition
Liabilities Definition

What's The Definition Of Liabilities?

liabilities in Accounting
noun: 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.

liabilities in American English
moneys owed; debts or pecuniary obligations (opposed to assets)

liabilities in British English
plural noun: business obligations incurred but not discharged and entered as claims on the assets shown on the balance sheet

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