Noun
of Liability
Source: Webster's dictionary$10 billion in pension relief, directly for the state’s retirement systems: Illinois largest liabilities are its unfunded pension liability at $138 billion and other post-employment benefits liability at $54 billion. Source: Internet
A buyer often structures the transaction as an asset purchase to "cherry-pick" the assets that it wants and leave out the assets and liabilities that it does not. Source: Internet
According to Oviir, the non-parliamentary political party remains insolvent: its net assets total -€38,000, while its current short-term liabilities total €40,000. Source: Internet
According to a 2009 financial report, city revenues were $280 million, expenditures $200 million, assets $1,200 million, cash and investments $340 million, and liabilities $260 million. Source: Internet
Adding that the NNPC Limited will be incorporated by the Minister of Petroleum, who together with his finance counterparts, will determine NNPC’s assets and liabilities that will be inherited by the new firm. Source: Internet
A joint venture is a contractual agreement where the Group has rights to the net assets of the contractual arrangement, and not entitled to specific assets and liabilities arising from the agreement. Source: Internet