Visual meaning of 'liabilities'? - learn with images, example in daily life

Visual illustration of liabilities: An obligation, debt or responsibility owed to someone.

noun

An obligation, debt or responsibility owed to someone.

"The company's liabilities, including loans and unpaid bills, totaled $50,000. "

business finance economy law

Visual illustration of liabilities: A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; an individual or action that exposes others to greater risk.

noun

A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; an individual or action that exposes others to greater risk.

"Having a poor attendance record and failing grades are significant liabilities when applying for a college scholarship. "

business finance economy negative condition situation

Visual illustration of liabilities: The likelihood of something happening.

noun

The likelihood of something happening.

"Given the amount of heavy rain predicted, the liabilities of flooding in low-lying areas are quite high. "

business finance insurance possibility economy

Visual illustration of liabilities: The condition of being susceptible to something.

noun

The condition of being susceptible to something.

"Due to her family's history of heart disease, Sarah's greatest health liability is her susceptibility to developing similar problems. "

condition business finance