Report post

What is a liability in business?

What is a Liability? A liability is an obligation of a company that results in the company’s future sacrifices of economic benefits to other entities or businesses. A liability, like debt, can be an alternative to equity as a source of a company’s financing.

What is the plural of liabilities?

noun, plural li·a·bil·i·ties. Finance. moneys owed; debts or pecuniary obligations (opposed to assets ). Accounting. liabilities as detailed on a balance sheet, especially in relation to assets and capital. something disadvantageous: His lack of education is his biggest liability. Also li·a·ble·ness [lahy-uh-buhl-nis]. /ˈlaɪ ə bəl nɪs/.

Is a liability a bad thing?

A liability is something that is borrowed from, owed to, or obligated to someone else. It can be real (e.g. a bill that needs to be paid) or potential (e.g. a possible lawsuit). A liability is not necessarily a bad thing. For instance, a company may take out debt (a liability) in order to expand and grow its business.

Related articles

Kraken vs. Binance 2025: A Complete Comparison Guide

Kraken vs. Binance 2025: A Complete Comparison Guide2025-01-15 17:20:42Cryptocurrency market has gained growing popularity and […]

Will XRP Price Hit $5 As Trump Leads the US?

Will XRP Price Hit $5 As Trump Leads the US?2025-01-15 16:30:43As Donald Trump prepares for his next term as president […]

How to Add XRP to MetaMask?Everything You Need to Know

How to Add XRP to MetaMask?Everything You Need to Know2025-01-15 15:37:50  Having the ability to manage and store several d […]

fuboTV (FUBO) Stock Forecast & Price Prediction 2025,2026,2030

fuboTV (FUBO) Stock Forecast & Price Prediction 2025,2026,20302025-01-15 14:24:18As a specialized streaming service that focuses on live […]

DTX Exchange (DTX) Review & Analysis: Next Big Gem?

DTX Exchange (DTX) Review & Analysis: Next Big Gem?2025-01-15 13:40:45Amid current bull run development, an innovative projec […]

Ethereum Price Prediction 2023, 2025, 2030: How High Can ETH Go in 2023?

Ethereum Price Prediction 2023, 2025, 2030: How High Can ETH Go in 2023? 2023-09-12 11:30:30 Ethereum Price Prediction Overview: According to our analysis, ETH coin is expected to reach a maxim...

Ethereum (ETH) Price Prediction 2023, 2025, 2030 — Is ETH a Good Investment?

Ethereum (ETH) Price Prediction 2023, 2025, 2030 — Is ETH a Good Investment? 2023-07-26 09:00:32     Ethereum maintains its position as the largest alternative cryptocurrency. Despi...

DogeBonk (DOBO) Price Prediction 2023, 2025, 2030 – How Much Will DOBO be Worth?

DogeBonk (DOBO) Price Prediction 2023, 2025, 2030 – How Much Will DOBO be Worth? 2023-01-03 16:00:38 Abstract: DOBO is currently worth $0.00000001. In one year, DogeBonk might reach $0.00000001...

ETC Price Prediction 2025-2030: Will Ethereum Classic Go Up?

ETC Price Prediction 2025-2030: Will Ethereum Classic Go Up? 2022-12-26 18:00:43 ETC Price Prediction 2025, 2030 Overview: The maximum and minimum Ethereum Classic prices are $67.52...

HBAR Price Prediction 2025: How Much Is HBAR Worth in 2025?

HBAR Price Prediction 2025: How Much Is HBAR Worth in 2025? 2022-12-06 09:58:36 Our HBAR price prediction 2025 forecasts that the expected maximum and minimum prices of Hedera will...

The World's Leading Crypto Trading Platform

Get my welcome gifts

BTCC | The Worlds Most Trusted Crypto Exchange