Definitions

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun Plural form of liability.
  • noun finance An amount of money in a company that is owed to someone and has to be paid in the future, such as tax, debt, interest, and mortgage payments.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun anything that is owed to someone else

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