You are seeing Ask web results for liability.
 [lī́ə-bĭĺĭ-tē]
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Liability - Wikipedia, the free encyclopedia
A liability is anything that is a hindrance or puts an individual or group at a disadvantage. Liability may also refer to: • legal liability • public liability • liability (financial accounting), ...
en.wikipedia.org/wiki/Liability |
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Liability (financial accounting) - Wikipedia, the free encyclopedia
In financial accounting, a liability is defined as an obligation of an entity arising from past transactions or events, the settlement of which may result in the transfer or use of assets, provi...
en.wikipedia.org/wiki/Liability_(financial_accounting) |
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liability - definition of liability - An obligation that legally binds an individual or company to settle a debt. When one is liable for a debt, they are responsible for paying the debt... ... In the case of a company, a liability is recorded on the balance sheet and can include accounts payable, taxes, wages,
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Legal liability - Wikipedia, the free encyclopedia
Legal liability is the legal bound obligation to pay debts. • In law a person is said to be legal liable when they are financially and legally responsible for something. Legal liability concerns both...
en.wikipedia.org/wiki/Legal_liability |
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The Legal Term * Liability * Defined & Explained ... LIABILITY - Any legal responsibility, duty or obligation. The state of one who is bound in law and justice to do something which may be enforced by action. This liability may arise from contracts either express or implied or in consequence of torts committed.
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Investopedia explains Liability; Recorded on the balance sheet (right side), liabilities include loans, accounts payable, mortgages, deferred revenues and accrued expenses. Liabilities are a vital aspect of a company's operations because they are used to finance operations and pay for large expansions.
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liability n. , pl. , -ties . The state of being liable. Something for which one is liable; an obligation, responsibility, or debt ... liability, in law, an obligation of one party to another, usually to compensate financially. It is a fundamental aspect of tort law, although liability may also arise from duties entered...
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Liability - Definition of Liability at Dictionary.com a free online dictionary with pronunciation, synonyms, and translation of Liability. Word of the Day and Crossword Puzzles. ... Use liability in a Sentence...
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