Meaning Of The Word Liabilities

Real Dictionary

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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