Dictionary Entry
liabilities
nounFind the meaning of the word liabilities, plus dictionary definition, pronunciation, thesaurus-style synonyms, antonyms, and related vocabulary.
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Meaning
Dictionary meaning in a clear, student-friendly format.
Things that you owe or are responsible for, especially money.
Example Sentence
The company's balance sheet showed significant liabilities, including loans and accounts payable.
Usage Note
In business and personal finance, liabilities represent what a company or individual owes to others. Understanding them is crucial for assessing financial health and making informed decisions about borrowing or investing.
