Misplaced Pages

This is an old revision of this page, as edited by 90.201.80.22 (talk) at 13:27, 1 January 2012. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

A liability can mean something that is a hindrance or puts an individual or group at a disadvantage, or something that someone is responsible for, or something that increases the chance of something occurring (i.e. it is a cause).

Example of a liability = Dean Robert Kent! A Total Liability!

Liability may also refer in specific fields to:

• legal liability
• public liability

Finance

• liability (financial accounting), a current obligation of an entity arising from past transactions or events
• Accrued liabilities and contingent liability
• Current liability
• Long-term liabilities

• Disambiguation pages