Debt vs. Liability
Debtnoun
An action, state of mind, or object one has an obligation to perform for another, adopt toward another, or give to another.
Debtnoun
The state or condition of owing something to another.
Debtnoun
Money that one person or entity owes or is required to pay to another, generally as a result of a loan or other financial transaction.
Debtnoun
(legal) An action at law to recover a certain specified sum of money alleged to be due.
Debtnoun
That which is due from one person to another, whether money, goods, or services; that which one person is bound to pay to another, or to perform for his benefit; thing owed; obligation; liability.
Debtnoun
A duty neglected or violated; a fault; a sin; a trespass.
Debtnoun
An action at law to recover a certain specified sum of money alleged to be due.
Debtnoun
the state of owing something (especially money);
Debtnoun
money or goods or services owed by one person to another
Debtnoun
an obligation to pay or do something
Debt
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. Debt is a deferred payment, or series of payments, which differentiates it from an immediate purchase.
Liabilitynoun
An obligation, debt or responsibility owed to someone.
Liabilitynoun
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.
Liabilitynoun
The likelihood of something happening.
Liabilitynoun
The condition of being susceptible to something.
Liabilitynoun
The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law.
Liabilitynoun
That which one is under obligation to pay, or for which one is liable.
Liabilitynoun
the state of being legally obliged and responsible
Liabilitynoun
an obligation to pay money to another party
Liabilitynoun
the quality of being something that holds you back
Debt Illustrations
