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Legal Dictionary

liabilities

Legal Definition of liabilities

Derived terms


Definition of liabilities

Noun

liabilities

  1. Plural form of liability.
  2. (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.

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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