financial liability

noun phrase

Meaning

An obligation to pay money or provide assets to another party, often arising from past transactions or events.

Examples

The startup struggled to grow because its high financial liability made it difficult to secure new investment.
Before merging, the firm conducted a thorough audit to identify every hidden financial liability.

Synonyms: debt, obligation, indebtedness, encumbrance

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financial liability

noun phrase

Pronunciation: faɪˈnænʃəl ˌlaɪəˈbɪlɪti

Definition

An obligation to pay money or provide assets to another party, often arising from past transactions or events.

Examples

The startup struggled to grow because its high financial liability made it difficult to secure new investment.
Before merging, the firm conducted a thorough audit to identify every hidden financial liability.

Synonyms of financial liability

Words with a similar meaning to financial liability:

Antonyms of financial liability

Words with the opposite meaning to financial liability:

asset

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