Liabilities Definition

What are the liabilities?

Those obligations or debts which are payable by business to its owner and others are called liabilities.


Liabilities are the obligations of the enterprise. The amount owed to creditors, employees, the government, or others.


Creditors, Loan, Capital, etc.

Also Check:  Leverage Definition

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top