external liability
1external liability — UK US noun [C, usually plural] (plural external liabilities) ► ACCOUNTING an amount of money that a company owes to lenders or creditors (= people or organizations that have lent it money, or sold it goods), compared to money that is owed to… …
2Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …
3liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …
4external liabilities — ➔ liability …
5External debt — Map of countries by external debt based on 2005 CIA factbook figures Map of countries by externa …
6Liability insurance crisis — The liability insurance crisis in the United States of America refers to a volatile economic period during the mid 1980s. During these years, until about 1990, rising insurance premiums and an unavailability of coverage for several types of… …
7Liability-driven investment strategy — The liability driven investment strategy (LDI) is an investment strategy of a company based on its risk tolerance, the company s ethics and the target return. The target return is usually linked to an index or combination of indices of the sector …
8external audit — An *audit of *financial statements by independent individuals or organizations. *Robert Khun Mautz has suggested that the role of external auditing in an advanced economic society can be and has been stated in very simple terms to add credibility …
9External Claim — A claim against an individual that does not arise out of any relationship he or she may have to a business in which the individual has an ownership interest. Depending on how the business is owned, the creditor may be able to pursue the business… …
10external or visible evidence — A familiar term in accident insurance policies covering injury sustained while riding in a motor vehicle, requiring as a condition of the insurer s liability that there be external or visible evidence of a collision or accident on the motor… …
