Liabilities

Of plural and possession.

Anything that is owed to someone else.

This concept's ID is @1~67124

Contains

  • debt 9 facts

    Money or goods or services owed by one person to another.

  • charge 3 facts

    Financial liabilities (such as a tax); "the charges against the estate".

  • deficit 2 facts

    An excess of liabilities over assets (usually over a certain period); "last year there was...

  • accounts payable 0 facts

    A debtor's accounts of money he owes; normally arise from the purchase of products...

  • payables 0 facts

    Money that you currently expect to pay on notes and accounts.

  • tax liability 0 facts

    The amount of tax owed; calculated by applying the tax rate to the tax base.