Liability

Business / Debt / Liability: The debts of a person or company

Other Words for Liability

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

Business / Loan / Current Liability: Liability that will normally be repaid within a year. MORE

Employment Practices Liability Audit

Business / Human Resources (HR) / Employment Practices Liability Audit: An assessment of an employer’s current policies and practices to determine potential areas of liability (i.e., discrimination, wrongful discharge and other violations of employee rights) typically c MORE

Joint Liability

Business / Debt / Joint Liability: The legal liability of two or more people for claims against or debts incurred by them jointly. If three people have joint liability and are indebted to another party, they may only be sued as a group MORE

Liability Insurance

Business / Debt / Liability Insurance: Insurance against legal liability to pay compensation and court costs where the insured has been found negligent in respect of injuries sustained by another person or damage to his/her property. MORE

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

Net Tax Liability

Business / Accounting / Net Tax Liability: The amount of tax computed by subtracting tax credits from the gross tax liability. MORE

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