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What (who) is accrued liability - definition
IN FINANCE, ADDING TOGETHER OF INTEREST OR DIFFERENT INVESTMENTS OVER A PERIOD OF TIME
Accrual basis accounting; Accruals Concept; Accrual accounting; Accrued Expense; Accrued revenue; Accrue; Accrued benefit; Accrued benefits; Accrued Benefits; Accruals; Accrual basis; Accrued expense; Accrued income; Accrued Revenue; Acrrual; Accrued expenses
Liable
LEGAL OBLIGATION FOR ANY DAMAGE, ENFORCEABLE BY EITHER CIVIL LAW OR CRIMINAL LAW
Liable; Manufacturer's Liability; Civil liability; Criminal liability; Personal liability; Legal liabilities; Liability lawsuit; Liability (law)
·vt Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal.
II. Liable ·vt Exposed to a certain contingency or casualty, more or less probable;
- with to and an infinitive or noun; as, liable to slip; liable to accident.
Legal liability
LEGAL OBLIGATION FOR ANY DAMAGE, ENFORCEABLE BY EITHER CIVIL LAW OR CRIMINAL LAW
Liable; Manufacturer's Liability; Civil liability; Criminal liability; Personal liability; Legal liabilities; Liability lawsuit; Liability (law)
In law, liable means "responsible or answerable in law; legally obligated".LIABLE, Black's Law Dictionary (10th ed.
liable
LEGAL OBLIGATION FOR ANY DAMAGE, ENFORCEABLE BY EITHER CIVIL LAW OR CRIMINAL LAW
Liable; Manufacturer's Liability; Civil liability; Criminal liability; Personal liability; Legal liabilities; Liability lawsuit; Liability (law)
1.
When something is liable to happen, it is very likely to happen.
Only a small minority of the mentally ill are liable to harm themselves or others.
PHRASE
2.
If people or things are liable to something unpleasant, they are likely to experience it or do it.
She will grow into a woman particularly liable to depression...
Steroids are used to reduce the inflammation, which makes the muscles of the airways liable to constriction.
= prone
ADJ: v-link ADJ to n
3.
If you are liable for something such as a debt, you are legally responsible for it.
The airline's insurer is liable for damages to the victims' families...
As the killings took place outside British jurisdiction, the Ministry of Defence could not be held liable.
ADJ: v-link ADJ, usu ADJ for n
• liability
He is claiming damages from London Underground, which has admitted liability but disputes the amount of his claim.
N-UNCOUNT
Wikipedia
Accrual
In finance, an accrual (accumulation) of something is the adding together of interest or different investments over a period of time.
