| 释义 |
liabilities The items on the debit side of a balance sheet. These include unpaid bills from suppliers, unpaid taxes, and secured and unsecured debt of various sorts. The net equity value of the firm is included as a liability to make the total equal to total assets. contingent liability are those which may arise, for example if the firm is called upon to honour guarantees. See also: current liabilities, and eligible liabilities |