external liability Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "external liability" - Business English Dictionary

external liability

noun [C, usually plural]
 
 
( plural external liabilities)
ACCOUNTING an amount of money that a company owes to lenders or creditors (= people or organizations that have lent it money, or sold it goods), compared to money that is owed to shareholders: The company's restructuring has resulted in a reduction in its external liabilities.
ECONOMICS an amount of money that a country owes to another country: A significant part of the country's external debt is short-term external liabilities which, at the end of March, stood at $11.1 billion.
(Definition of external liability from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of external liability?
Add Cambridge dictionaries to your browser to your website
Word of the Day
truth

the quality of being true

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With America’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most important

Read More 

generation pause noun
generation pause noun
July 06, 2015
informal young adults who are not able to do things previously typical for their age group such as buy a home or start a family because of lack of money Meanwhile, a new study released last week revealed a quarter of Brits believe they’ll never own a property, leading them to be

Read More