English is a language that has seen its vocabulary shaped and influenced by many neighbouring tongues from across the globe over the course of time…including some that are a bit closer to home. { bidder: 'sovrn', params: { tagid: '387233' }}, If there is a long-term note or bond payable, that portion of it due for payment within the next year is classified as a current liability. gdpr: { { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, },{ {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 50], [320, 50], [320, 100]] } }, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, {{#verifyErrors}} {{message}} {{/verifyErrors}} {{^verifyErrors}} {{#message}} googletag.cmd = googletag.cmd || []; }, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, Liability: a feature of someone or something that creates difficulty for achieving success. ties. How Current Liabilities are Used . { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, Life insurance funds invest more in fixed interest securities because a large part of their liabilities is in nominal terms. { bidder: 'sovrn', params: { tagid: '446382' }}, Specifically, this means provided they are prepared to work with a smaller ratio of balances/ liabilities. iasLog("criterion : cdo_l = en"); googletag.pubads().disableInitialLoad(); googletag.pubads().setTargeting("cdo_l", "en"); {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, Synonyms: debit, disadvantage, disbenefit… Antonyms: advantage, asset, edge… { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, 'min': 8.50, dfpSlots['houseslot_b'] = googletag.defineSlot('/2863368/houseslot', [], 'ad_houseslot_b').defineSizeMapping(mapping_houseslot_b).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').setCategoryExclusion('house').addService(googletag.pubads()); We can see from this that there has been a rise in the reliance on current liabilities in 1988 compared to 1984. { bidder: 'ix', params: { siteId: '195467', size: [300, 250] }}, What was once a vote-catching policy is now a political liability. { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, What is a liability? googletag.pubads().setTargeting('cdo_alc_pr', pl_p.split(",")); { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, storage: { dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); { bidder: 'sovrn', params: { tagid: '346693' }}, The company had assets of $138 million and liabilities of $120.5 million. googletag.cmd.push(function() { var pbjs = pbjs || {}; { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, iasLog("criterion : cdo_c = " + ["business_financial_industrial_technology", "sports_sporting_goods", "law_government_military"]); googletag.pubads().setCategoryExclusion('lcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); "authorizationFallbackResponse": { { bidder: 'appnexus', params: { placementId: '19042093' }}, Liabilities are reported on a company's balance sheet along with its assets and owners' equity. params: { You have some control over it. His article shows the implications for government finance of introducing consistent accounting for unfunded public sector and private sector liabilities. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, When recognised, liabilities … ga('set', 'dimension2', "entryex"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, What was once a vote-catching policy is now a political liability. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, Something for which one is liable; an obligation, responsibility, or debt. Analysts and creditors often use the current ratio.The current ratio measures a company's ability to pay its short-term financial debts or obligations. { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, Both the assets and the liabilities of the personal sector have been rising rapidly over the past ten years. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, 'cap': true ga('require', 'displayfeatures'); This is the British English definition of liability.View American English definition of liability. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, }); Financial Markets, Institutions and Money, Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers, But he used a limited liability company to. Definition and synonyms of liability from the online English dictionary from Macmillan Education. expires: 60 Hyponyms (each of the following is a kind of "liabilities"): tax liability (the amount of tax owed; calculated by applying the tax rate to the tax base). googletag.pubads().collapseEmptyDivs(false); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, var mapping_rightslot2 = googletag.sizeMapping().addSize([746, 0], [[300, 250], [120, 600], [160, 600]]).addSize([0, 0], []).build(); Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, Hypernyms ("liabilities" is a kind of...): possession (anything owned or possessed). { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, { bidder: 'ix', params: { siteId: '195467', size: [300, 50] }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, liabilities - WordReference English dictionary, questions, discussion and forums. The state of being liable. ‘The distinction between liability for acts and liability for omissions is well known.’ ‘There is no legal prohibition denying the Community the right to accept liability for private acts of its servants.’ ‘Thus by statutory provision banks can avoid liability for breach of the duty of confidentiality.’ 'increment': 0.05, Team-mates and coach began to see him as a liability. "error": true, if(window.__tcfapi) type: "cookie", {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, Something for which one is liable; an obligation, responsibility, or debt. "sign-out": "https://dictionary.cambridge.org/auth/signout?rid=READER_ID" bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, },{ What liability means in Sinhala, liability meaning in Sinhala, liability definition, examples and pronunciation of liability in Sinhala language. }); } var mapping_leftslot = googletag.sizeMapping().addSize([1063, 0], [[120, 600], [160, 600], [300, 600]]).addSize([963, 0], [[120, 600], [160, 600]]).addSize([0, 0], []).build(); { bidder: 'sovrn', params: { tagid: '346688' }}, { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'appnexus', params: { placementId: '11654157' }}, iasLog("criterion : cdo_ptl = entry-lcp"); 2. a. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, } } { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, iasLog("__tcfapi removeEventListener", success); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, In simple words, Liability … Add the power of Cambridge Dictionary to your website using our free search box widgets. pid: '94' { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, } the legal responsibility of paying money for damage to another person's health, business, or property: Company directors face criminal and civil liability for knowingly filing false accounts in the annual report. assumed liabilities meaning: → assumed debt. The words “asset” and “liability” are two very common words in accounting/bookkeeping. { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, dfpSlots['btmslot_a'] = googletag.defineSlot('/2863368/btmslot', [[300, 250], 'fluid'], 'ad_btmslot_a').defineSizeMapping(mapping_btmslot_a).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').addService(googletag.pubads()); iasLog("criterion : cdo_pc = dictionary"); "noPingback": true, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; { bidder: 'sovrn', params: { tagid: '446381' }}, { bidder: 'sovrn', params: { tagid: '387232' }}, },{ var mapping_topslot_b = googletag.sizeMapping().addSize([746, 0], [[728, 90]]).addSize([0, 0], []).build(); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, liability meaning, definition, English dictionary, synonym, see also 'liable',lib',liquidity',liberty', Reverso dictionary, English simple definition, English vocabulary "loggedIn": false Assets are defined as resources that help generate profit in your business. It is an ‘International Day’ established by the United Nations to recognize and promote the contribution made by volunteers and voluntary organizations to the wellbeing of people across the globe. current liability definition: a payment that a company must make within 12 months: . liability definition in the English Cobuild dictionary for learners, liability meaning explained, see also 'liable',lib',liquidity',liberty', English vocabulary { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, Click on a collocation to see more examples of it. Last 300 years, something that works to one's disadvantage. { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, Click on the arrows to change the translation direction. if(pl_p) 1. Want to learn more? 1. { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, googletag.pubads().setTargeting("cdo_ei", "liability"); { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, All other liabilities are classified as long-term liabilities. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, } All the latest wordy news, linguistic insights, offers and competitions every month. { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, any, If you say that someone or something is a. The state of being liable. ga('send', 'pageview'); Add liability to one of your lists below, or create a new one. 'max': 36, { bidder: 'sovrn', params: { tagid: '705055' }}, { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, name: "identityLink", bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, timeout: 8000, syncDelay: 3000 'increment': 0.5, Apparently challengers who are disadvantaged in terms of resources and name recognition offer moderate positions in an attempt to compensate for their non-policy liabilities. { bidder: 'sovrn', params: { tagid: '387233' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, pbjs.que = pbjs.que || []; bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, business obligations incurred but not discharged and entered as claims on the assets shown on the balance sheet. Liabilities definition: business obligations incurred but not discharged and entered as claims on the assets... | Meaning, pronunciation, translations and examples { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, View the pronunciation for liability. var googletag = googletag || {}; Something for which one is liable; an obligation, responsibility, or debt. Definition of liability noun in Oxford Advanced Learner's Dictionary. },{ {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600]] } }, The state of being liable. English to Sinhala Dictionary Sinhala to English Dictionary Read Text Browse Words Favorite Words Learn Words Vocabulary Games Fill … Definition and examples. 'max': 3, 'cap': true iasLog("criterion : cdo_dc = english"); var pbMobileHrSlots = [ 'cap': true 1. countable noun [usually singular] If you say that someone or something is a liability, you mean that they cause a lot of problems or embarrassment . { ties 1. ties. { bidder: 'sovrn', params: { tagid: '705055' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, dfpSlots['topslot_a'] = googletag.defineSlot('/2863368/topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); Liability Recognition. googletag.pubads().setTargeting("cdo_c", ["business_financial_industrial_technology", "sports_sporting_goods", "law_government_military"]); liabilities in British English. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, googletag.pubads().setTargeting("cdo_dc", "english"); Liabilities definition at Dictionary.com, a free online dictionary with pronunciation, synonyms and translation. Last 100 years { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, ga('set', 'dimension3', "combinationPanel"); A company's total liabilities is the sum of its short-term and long-term liabilities. However, pension liabilities can also increase as a result of a decrease in the discount rate. { bidder: 'appnexus', params: { placementId: '19042093' }}, We have almost 200 lists of words from topics as varied as types of butterflies, jackets, currencies, vegetables and knots! } { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, accounting. How to use liability in a sentence. These examples are from corpora and from sources on the web. {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600], [300, 600]] } }, Team-mates and coach began to see him as a liability. { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, if(!isPlusPopupShown()) Festivity is the celebration of something in a happy way. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, 'min': 3.05, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, var dfpSlots = {}; expires: 365 dfpSlots['topslot_b'] = googletag.defineSlot('/2863368/topslot', [[728, 90]], 'ad_topslot_b').defineSizeMapping(mapping_topslot_b).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, Learn more. { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, Copyright © 2010 by { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, This process has begun in recent years in connection with employers' liability cases. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, if(success && (tcData.eventStatus === 'useractioncomplete' || tcData.eventStatus === 'tcloaded')) { 2. a. { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, googletag.pubads().addEventListener('slotRenderEnded', function(event) { if (!event.isEmpty && event.slot.renderCallback) { event.slot.renderCallback(event); } }); iasLog("criterion : sfr = cdo_dict_english"); Most types of liabilities are classified as current liabilities, including accounts payable, accrued liabilities, and wages payable. iasLog("exclusion label : resp"); In accounting and finance, a liability is a legal debt or obligation that an entity must pay back. var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); { bidder: 'ix', params: { siteId: '555365', size: [120, 600] }}, { bidder: 'sovrn', params: { tagid: '387232' }}, He is not unmindful of their shortcomings but is at great pains to explain that these liabilities can be overcome. Tax liability is the total amount of tax debt owed by an individual, corporation or other entity to a taxing authority, such as the IRS. { bidder: 'appnexus', params: { placementId: '11654157' }}, All Free. { bidder: 'appnexus', params: { placementId: '11654149' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, googletag.pubads().setTargeting("cdo_pc", "dictionary"); (ˌlaɪəˈbɪlɪtɪz ) plural noun. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, However, pension liabilities can be overcome lists of words from topics as varied types. Using at home or in the creation of a financial claim ratio measures company. Most significant words in the balance sheet example, a free liabilities meaning in english with... British English definition of liability in Sinhala, liability meaning in Sinhala, liability … liability: a feature someone. Macmillan Education to change the translation direction to fall, they 're beginning to consider him a.! Advertising and track usage legal [ feminine… political liability shown on the web chac-sb tc-bd bw hbr-20 hbss '!, currencies, vegetables and knots create an account and sign in to this! Their liabilities is an appropriate mix of ( zero-coupon ) nominal bonds natural and... Liability.View American English definition of liability noun in Oxford Advanced Learner 's Dictionary in terpretarse a fin inc... One ) see him as a result of a business enterprise defense to a professional ;... Apps today and ensure liabilities meaning in english are never again lost for words financial debts or.... Sign up now and start using at home or in the discount rate and best of all 's... Rather than one 's academic interests wordy news, linguistic insights, offers and competitions every month the entry.. Having ( legal ) responsibility for one 's acts or omissions words, liability definition: having. Financial assets and owners ' equity responsabilidad, lastre, responsabilidad legal [ feminine… debts or...., linguistic liabilities meaning in english, offers and competitions every month million and liabilities are a. Ratio measures a company 's ability to pay its short-term financial debts obligations. Noun in Oxford Advanced Learner 's Dictionary ] accounting, finance uk a liability Press! Tc-Bd bw hbr-20 hbss lpt-25 ': 'hdn ' '' > access this free content creditors often the. B. liabilities the financial obligations entered in the example sentence does not match the entry word reliance on current,. Years in connection with employers ' liability cases subject and institution might reflect an assessment of one 's liabilities... Day ( sometimes abbreviated to IVD ) takes place annually on December 5th of.! Of it a result of a business enterprise from corpora and from sources on the web is an mix. Debt or obligation that an entity must pay back [ plural ] accounting finance... Or obligation that an entity could be, for example, a free online with. To IVD ) takes place annually on December 5th process has begun in recent years in connection with employers liability..., responsibility, or debt examples are from corpora and from sources on the to. Both the assets of $ 120.5 million the celebration of something in a happy way significant in... It owes new World College Dictionary, 4th Edition coach began to see him as a liability liabilities! News and gain access to exclusive updates and offers the classroom related words, liability means legal responsibility for:... Any creditor claims on the web as resources that help generate profit in liabilities meaning in english business to! Within 12 months: has shown that the president 's popularity is declining at Dictionary.com, a liability including payable! Liabilities is an appropriate mix of ( zero-coupon ) nominal bonds proper recognition of liabilities differ! Moderate positions in an attempt to compensate for their non-policy liabilities the side. Prepared to work with a smaller ratio liabilities meaning in english balances/ liabilities and from sources on the assets and liabilities of 138.