Misplaced Pages

This is an old revision of this page, as edited by 203.101.161.82 (talk) at 12:03, 25 September 2014 (→Finance). 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).

Liability may also refer in specific fields to:

• Legal liability, the legal bound obligation to pay debts
• Public liability, part of the law of tort which focuses on civil wrongs

Finance

• Liability (financial accounting)Barrowing money or cash from any person or from organization to improve business or increase assets which owner of company have to pay back after some time
• Accrued liabilities and contingent liability
• Current liability
• Long-term liabilities, liabilities with a future benefit over two months

Other uses

• The Liability, 2013 film

• Disambiguation pages