liabilities
n. countable B2 Upper Intermediate US //ˌɫaɪəˈbɪɫətiz// UK //lˌaɪəbˈɪlɪtiz// li·a·bil·i·ties
n. things you owe, like money or duties. You use this word to talk about debts or responsibilities that take away from your value.
n. debts, obligations, or financial burdens that reduce the net worth of a person or entity. Typically used in the plural form in accounting contexts.
The company has many liabilities to pay.
Before buying the house, they checked for any hidden liabilities like unpaid taxes.
Investors scrutinized the balance sheet, noting that rising liabilities threatened to outpace the firm's growing revenue stream.