Contingent Liability

Business / Accounting / Contingent Liability: A potential obligation, dependent upon the occurrence of future events.

Other Words for Liability

Liability Adjective Synonyms: disadvantage, drawback, hindrance, impediment, encumbrance, snag, hitch, barrier, obstacle, obstruction, burden, onus
Liability Noun Synonyms: answerability, responsibility, burden, onus, accountability
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Limited Liability Company

Business / Taxes / Limited Liability Company: Organizing a business enterprise as a limited liability company (LLC) under the laws of the state where it operates protects its owners or shareholders from personal responsibility for company debts t MORE

Limited Liability Company (LLC)

Business / Real Estate / Limited Liability Company (LLC): LLCs are a relatively recent form of business organization. An LLC combines the most attractive features of limited partnerships and corporations. The members of an LLC enjoy the limited liability off MORE

Limited-Liability Instrument

Business / Finance / Limited-Liability Instrument: A security, such as a call option, in which the owner can lose only the initial investment. MORE

Limited Liability

Business / Accounting / Limited Liability: The legal protection given stockholders whereby they are responsible for the debts and obligations of a corporation only to the extent of their capital contributions. MORE

Liability Swap

Business / Finance / Liability Swap: An interest rate swap used to alter the cash flow characteristics of an institution's liabilities so as to provide a better match with its assets. MORE

Liability Coverage

Business / Real Estate / Liability Coverage: Insurance coverage for injuries or losses sustained by the public when on an individuals property. MORE

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