What is another word for assets liability?
Pronunciation: [ˈasɛts lˌa͡ɪəbˈɪlɪti] (IPA) 
Assets liability refers to the financial obligations that a company owes to its creditors or investors. Synonyms for assets liability may include debts, obligations, payables, liabilities, or outstandings. Creditors of a company expect timely repayments of the assets liability, and it is crucial for businesses to effectively manage their assets and liabilities to maintain a healthy financial position. Other commonly used terms for assets liability may include financial liabilities, long-term debts, short-term obligations, trade payables, and accrued expenses. Understanding the various synonyms for assets liability is essential for companies when creating financial statements, analyzing the balance sheet, or communicating with investors and stakeholders.
