单词 | external liability |
释义 | external liability external liability noun [C, usually pl., U]
1 (Accounting ) the money that an organization owes that is not owed to its shareholders: A company's net worth is the value of its assets minus its external liabilities.
2 (Economics ) the money that a country owes to foreign lenders: Their exports are sufficient to cover external liabilities. The UK had a net external liability of £37.2 billion. |
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