Apr 06 , 2016
Liabilities
Definition: debts, financial obligations
Pronunciation: \ˌlī-ə-ˈbi-lə-tē\
Used in a Sentence: In a personal financial statement, assets minus liabilities equal net worth.
Apr 06 , 2016
Definition: debts, financial obligations
Pronunciation: \ˌlī-ə-ˈbi-lə-tē\
Used in a Sentence: In a personal financial statement, assets minus liabilities equal net worth.