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liabilities |
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liabilities, n.pl the claims against a corporation. They include accounts and wages and salaries payable, dividends declared payable, accrued taxes payable, and fixed or long-term liabilities, such as mortgage bonds, debentures, and bank loans. liabilities, current, n.pl the short-term debts and obligations that must be paid within a period of 1 year. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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