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3 dictionary results for: liabilities
Dictionary.com Unabridged (v 1.1) - Cite This Source - Share This
li·a·bil·i·ty       [lahy-uh-bil-i-tee] Pronunciation Key
–noun, plural -ties.
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 disadvantageous: His lack of education is his biggest liability.
3.Also, li·a·ble·ness. the state or quality of being liable: liability to disease.
[Origin: 1785–95; li(able) + -ability]
Dictionary.com Unabridged (v 1.1)
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006.
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American Heritage Dictionary - Cite This Source - Share This
li·a·bil·i·ty       (lī'ə-bĭl'ĭ-tē)  Pronunciation Key 
n.   pl. li·a·bil·i·ties
  1. The state of being liable.
    1. Something for which one is liable; an obligation, responsibility, or debt.
    2. liabilities The financial obligations entered in the balance sheet of a business enterprise.
  3. Something that holds one back; a handicap.
  4. Likelihood.

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The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2006 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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WordNet - Cite This Source - Share This
liabilities

noun
anything that is owed to someone else 

WordNet® 3.0, © 2006 by Princeton University.
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