liability

  1. the state of being legally obliged and responsible
  2. an obligation to pay money to another party
  3. the quality of being something that holds you back

liability

A claim on a company's assets.

Liability

The state of being liable - that is, legally responsible for an act or omission.

Liability

A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation.
Found on http://www.encyclo.co.uk/local/20047

liability

A debt owed by a business to creditors.
Found on http://www.encyclo.co.uk/local/20108

liability

[n] - the state of being legally obliged and responsible 2. [n] - the quality of being something that holds you back
Found on http://www.webdictionary.co.uk/definition.php?query=liability

Liability

A person or business deemed liable is subject to a legal obligation. A person/business who commits a wrong or breaks a contract or trust is said to be liable or responsible for it. Can also refer to an amount owed.
Found on http://www.encyclo.co.uk/local/20546

liability

In accounting, a financial obligation. Liabilities are placed alongside assets on a balance sheet to show the wealth of the individual or company concerned at a given date. Business organizations...
Found on http://www.encyclo.co.uk/local/20688

Liability

An obligation to do or refrain from doing something. The responsibility for ones own actions and responsibility for the adverse effects they may have on third parties, including financial responsibilities.
Found on http://www.frontierassoc.net/greenaffordablehousing/tools/ChemicalTerms.sht

Liability

Responsibility or obligation. For example, a debt is a liability or responsibility.
Found on http://www.hmcourts-service.gov.uk/infoabout/glossary/legal.htm

Liability

a person or business deemed liable is subject to a legal obligation. A person/business who commits a wrong or breaks a contract or trust is said to be liable or responsible for it.
Found on http://www.businessballs.com/businesscontractstermsdefinitionsglossary.htm

Liability

A legal obligation or duty
Found on http://www.jisclegal.ac.uk/Projects/TransferandUseofBibliographicRecords/Th

Liability

Legal responsibility for the action
Found on http://www.encyclo.co.uk/local/20921

Liability

Li`a·bil'i·ty (lī`ȧ*bĭl'ĭ*tȳ) noun ; plural Liabilities (- tĭz). 1. The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law. 2. That which one is under obli...
Found on http://www.encyclo.co.uk/webster/L/36

liability

noun the quality of being something that holds you back
Found on https://www.encyclo.co.uk/local/20974

Liability

A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosl.htm

Liability

• (n.) the sum of one`s pecuniary obligations; -- opposed to assets. • (n.) That which one is under obligation to pay, or for which one is liable. • (n.) The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law.
Found on http://thinkexist.com/dictionary/meaning/liability/

liability

(from the article `bank`) ...marketable securities and of reserves of base money, which may be held either as actual central bank notes and coins or in the form of a credit ... The traditional asset management approach to banking is based on the assumption that a bank`s liabilities are both relatively stable and ... ...to the generat...
Found on http://www.britannica.com/eb/a-z/l/44

liability

in law, a broad term including almost every type of duty, obligation, debt, responsibility, or hazard arising by way of contract, tort, or statute.[10 related articles]
Found on http://www.britannica.com/eb/a-z/l/44

liability

liability 1. A legal responsibility for something, especially for costs or damages. 2. Something for which someone is responsible, especially for a debt. 3. Something that holds a person back or causes trouble. 4. Someone who is a burden or who prevents a successful outcome or causes a social embarrassment. 5. Likelihood or probability of somet...
Found on http://www.wordinfo.info/words/index/info/view_unit/1185/

Liability

A financial obligation, any debt or money owed (as opposed to an asset). Discover What It`s Like to Live Easy With EquiTrend
Found on http://www.equitrend.com/glossary2126.xhtml

Liability

An amount that is owed, in contrast to an asset. A liability may result from borrowing, from obligation to pay for a product or service received, etc.
Found on http://www-personal.umich.edu/~alandear/glossary/l.html

Liability

[financial accounting] In financial accounting, a liability is defined as an obligation of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future. A liability is defined by the following characteristic...
Found on http://en.wikipedia.org/wiki/Liability_(financial_accounting)

liability

The state of being liable--that is, legally responsible for an act or omission.
Found on http://www.encyclo.co.uk/local/21681

Liability

- DEBTS or obligations owed by one entity (DEBTOR) to another entity (CREDITOR) payable in money, goods, or services.
Found on https://www.encyclo.co.uk/local/21071
No exact match found