Synonyms for

Liabilities

Verb / ˌlaɪʌˈbɪlʌti:z / / ˌlaɪʌˈbɪlɪti:z / Another word for liabilities — explore alternatives below. For syllable breakdowns and pronunciation, see this word on Syllablesworld.

Definition

Liabilities are something that you owe, usually money.

Synonyms & similar words

indebtedness liability financialobligation asset debts obligations indebtedness payables debt dues arrears deficits indebtednesses outstandings payable

Synonyms by register

Formal

obligations debts encumbrances responsibilities

Informal

downsides drawbacks problems troubles

Literary

burdens shackles

Antonyms

assets possessions strengths advantages benefits boons

Common collocations

  • financial liabilities
  • legal liabilities
  • potential liabilities
  • contingent liabilities
  • personal liabilities
  • corporate liabilities
  • reduce liabilities
  • manage liabilities

Word family

noun liability
adjective liable

Usage note

Primarily used in accounting and legal contexts to refer to debts or obligations. Can also refer to disadvantages or weaknesses in a more general sense.

Example sentences

  1. My dad says we have a lot of liabilities, but I don't know what that means.
  2. The company's liabilities are greater than its assets.
  3. She was worried about her financial liabilities after losing her job.
  4. The business owner was overwhelmed by the company's liabilities.
  5. The bank asked for a list of all the company's liabilities.

Quotes

  • The chief business of the American people is business.
  • I love deadlines. I like the whooshing sound they make as they fly by.
  • A bank is a place where they lend you an umbrella in fair weather and ask for it back when it starts to rain.

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