liabilities liabilities  /ˌlaɪ ə ˈbɪ lə tiz/

Definition(s):

  • (n) anything that is owed to someone else

Usage(s):

  1. And so rather than proving to be an asset with no liabilities, he has turned out to be a liability with hard-to-identify assets.
  2. The condition's benefits he can bend lamp posts, scale high walls don't always outweighs its liabilities.
  3. For many deficit hawks on Capitol Hill, unfunded liabilities are out of the question.

News

  1. 'Unburnable Carbon' Or No, Fossil Fuel Companies Face A Climate Catch-22

    What happens when your most valuable assets become liabilities? International oil, gas and coal companies may be about to find out.
    on June 12, 2013     Source: Forbes

  2. Competitive Technologies, Inc. Announces Liabilities Purchase Agreement

    FAIRFIELD, Conn. -- Competitive Technologies, Inc. (OTCQX:CTTC) today announced that they have negotiated a Liabilities Purchase Agreement with Southridge Partners II, LP. The agreement takes advantage ...
    on June 12, 2013     Source: GlobeNewswire via Yahoo! Finance

  3. Fred Feldkamp: The End of Off Balance Sheet Liabilities

    Below is a comment by my friend and mentor Fred Feldkamp on the end of off-balance sheet liabilities ("OBSLs"), a key element in ending the problem of "too big to fail" with respect to the zombie banks.  Fred is an attorney at Foley & Lardner  i n Detroit and arguably one of the fathers of "true sales" as used in the world of residential mortgage backed securities ("RMBS").   With the changes to ...
    on June 11, 2013     Source: Zero Hedge

Quotes

  1. "The impact of today's announcements on public finances will be temporary, investments will be held for no longer than is necessary to ensure stability," Brown said. "We will protect taxpayers' interests, liabilities will be backed by assets...
    on Jan 19, 2009 By: Gordon Brown Source: FOXNews

  2. "These allegations will neither distract the company's focus on stopping the leak nor alter our commitment to restore the Gulf coast," Hayward said. "Other parties besides BP may be responsible for costs and liabilities arising from the oil...
    on Jun 19, 2010 By: Tony Hayward Source: The Associated Press

  3. "BP's liabilities for this spill are significant and they acknowledged that fact. We will continue to hold BP and other responsible parties accountable," Obama said.
    on Jun 17, 2010 By: Barack Obama Source: Edmonton Journal

Word of the Day
tangible tangible
/ˈtæn dʒə bəl /