Any sort of legal obligation, including, for example, the obligation of a corporation to pay wages or taxes The liabilities most often discussed in this Ethics Center are those to compensate for injury or to clean up toxic contamination Legal liability to compensate for an injury or to clean up contamination does not necessarily require that one have caused the injury or contamination, or that one is guilty in a moral sense Under the doctrine of strict liability a party may be liable without having been guilty of negligence, for example
In terms of foreign exchange , the obligation to deliver to a counterparty an amount of currency either in respect of a balance sheet holding at a specified future date or in respect of an un-matured forward or spot transaction
* Any sort of legal obligation, including, for example, the obligation of a corporation to pay wages or taxes The liabilities most often discussed in this Ethics Center are those to compensate for injury or to clean up toxic contamination Legal liability to compensate for an injury or to clean up contamination does not necessarily require that one have caused the injury or contamination, or that one is guilty in a moral sense Under the doctrine of strict liability a party may be liable without having been guilty of negligence, for example
A legal obligation to pay a debt owed Current liabilities are debts payable within twelve months Long-term liabilities are debts payable over a period of more than twelve months
A company's or organization's liabilities are the sums of money which it owes. The company had assets of $138 million and liabilities of $120.5 million. asset see also liable
Your legal responsibility to pay for injury to someone else or damage to their property
Liability is the amount of money that a portfolio account owes For example, if one buys stocks on margin, the margin loan amount would represent the account's liability Similarly, if one goes short, the securities loaned would be the liability