liabilities
Sayly-uh-BIL-i-teez/laɪəˈbɪlɪtiz/
- 1Money that a company owes to others and has to pay later, such as taxes, loans and interest.
The company has more liabilities than cash in the bank.
It took the small bakery three years to pay off its liabilities.
Similardebts, obligations
Oppositeassets
Note
- 2Plural of liability. Used for more than one duty, debt or problem.
Two of the new players turned out to be liabilities on defense.
The old bridges have become liabilities for the little town.
Note
- 3The whole right-hand side of a balance sheet.
On this balance sheet, assets are on the left and liabilities are on the right.
Write the bank loan on the liabilities side of the page.
Oppositeassets
Note
liabilities is a form of liability
liability, noun: Something you owe to someone, like money or a duty. Full entry
- Forms
- liabilityliabilities plural
- Spelling
- liability → liabilities: change y to i, add -es
- Sound
- The ending sounds like /z/.
Practice
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