Liability


Any money that needs to be paid in the future. Examples: ? a bank loan (needs to be paid back some day) ? an electricity bill ? taxes not yet paid Can also include services owed, such as a promise to paint someones fence.

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    Other Definitions with Letter L

  • Lakh
  • Leap Year
  • Lease
  • Least
  • Least common Denominator
  • Least Common Multiple
  • Lemma
  • Length
  • Less than
  • Liability
  • Like Terms
  • Limit
  • Line
  • Line Graph
  • Line of Best Fit
  • Line Segment
  • Line Symmetry
  • Linear Equation
  • Linear Scale
  • Liquidity
  • Liter/Litre
  • Loan
  • Locus
  • Logarithm
  • Logarithmic Scale
  • Long Division
  • Lowest Common Denominator

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