liability (noun)
121obligation — ob·li·ga·tion /ˌä blə gā shən/ n 1: a promise, acknowledgment, or agreement (as a contract) that binds one to a specific performance (as payment); also: the binding power of such an agreement or indication held that the amendment did not… …
122limited company — noun a company that is organized to give its owners limited liability • Syn: ↑Ltd., ↑Ld. • Regions: ↑United Kingdom, ↑UK, ↑U.K., ↑Britain, ↑United Kingdom of Great Britain and Northern Ireland, ↑ …
123insurance — noun ADJECTIVE ▪ comprehensive ▪ fully comprehensive car insurance ▪ adequate ▪ additional ▪ long term, short term …
124account payable — noun a liability account showing how much is owed for goods and services purchased on credit the problem was to match receivables and payables in the same currency • Syn: ↑payable • Hypernyms: ↑indebtedness, ↑liability, ↑financial obligation * *… …
125taxability — noun liability to taxation • Derivationally related forms: ↑taxable • Hypernyms: ↑liability * * * ˌtaksəˈbiləd.ē noun : the quality or state of being taxable * * * taxabilˈity noun …
126special partner — noun : a partner who may share in the profits of a general partnership registered under law, who contributes property to the capital thereof but must not exercise control over or be active in partnership affairs, and whose liability for… …
127average — noun 1》 the result obtained by adding several amounts together and then dividing the total by the number of amounts. 2》 a usual or ordinary amount, level, or rate. 3》 Law the apportionment of financial liability resulting from loss of or damage… …
128provision — noun 1》 the action of providing or supplying. ↘something supplied or provided. ↘(provision for/against) arrangements for future eventualities or requirements. 2》 (provisions) supplies of food, drink, or equipment, especially for a journey …
