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liabilities

Aussprache: [laɪəˈbɪlɪtiz]

Wort

Kontext: „finance“

(noun) things that a person or company owes to others. This can include money they need to pay back or any other kind of responsibility. Imagine if you borrowed money from a friend; that amount is a liability for you.

Beispiel

The business has several liabilities, but it also has enough assets to cover them.

Beispiel

After the review, we found that our liabilities were much higher than we expected.

Beispiel

What are the major liabilities that the company currently has?

Kontext: „responsibility“

(noun) a situation where someone is responsible for something or someone. For instance, if you are expected to take care of a pet, that is a liability because you are responsible for its wellbeing.

Beispiel

Being a team leader can sometimes feel like a liability, but it also means you can help your teammates succeed.

Beispiel

His attitude has become a liability for the group because it discourages others.

Beispiel

Do you feel that having too many responsibilities can be a liability?

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