liability for debts

См. также в других словарях:

• 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. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …   Financial and business terms

• liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …   Financial and business terms

• liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …   Black's law dictionary

• liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …   Black's law dictionary

• liability — n. 1) to accept, acknowledge, assume, incur, take on a liability 2) full; limited liability 3) a liability for (we assumed full liability for our children s debts) * * * [ˌlaɪə bɪlɪtɪ] acknowledge assume incur limited liability take on a… …   Combinatory dictionary

• Liability — A company s legal debts or obligations that arise during the course of business operations. Liabilities are settled over time through the transfer of economic benefits including money, goods or services. Recorded on the balance sheet (right side) …   Investment dictionary

• liability — noun 1) journalists liability for defamation Syn: accountability, responsibility, legal responsibility, answerability; blame, culpability, guilt, fault Ant: immunity 2) they have big liabilities Syn …   Thesaurus of popular words

• stockholder's liability — A liability for debts of the corporation, once imposed to a limited extent upon stockholders by constitutional or statutory provisions, since eliminated except for certain classes of debts, such as wages or obligations incurred before the… …   Ballentine's law dictionary

• liability — /luy euh bil i tee/, n., pl. liabilities. 1. liabilities, a. moneys owed; debts or pecuniary obligations (opposed to assets). b. Accounting. liabilities as detailed on a balance sheet, esp. in relation to assets and capital. 2. something… …   Universalium

• liability — I (New American Roget s College Thesaurus) Responsibility Nouns 1. liability, liableness, responsibility, possibility, probability, contingency, susceptibility; duty; liabilities, debts (see debt); drawback (see hindrance). See tendency. 2.… …   English dictionary for students

• liability — Synonyms and related words: a thing for, accountability, accountableness, accounts payable, accounts receivable, affinity, amenability, amount due, answerability, answerableness, aptitude, aptness, arrearage, arrears, bad debts, barrier, bent,… …   Moby Thesaurus