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    Liab (en. Liability)

    /liːab/

    Meaning & Definition

    EnglishTagalog
    noun
    A liability or obligation that must be fulfilled.
    The company has a large liability from unpaid debts.
    Ang kumpanya ay may malaking liab mula sa mga hindi nabayarang utang.
    Assets or properties that can be seized or factored in debts.
    We need to review the liabilities of our assets before fund reduction.
    Kailangan naming suriin ang liab ng aming mga pag-aari bago ang pagbabawas ng pondo.

    Etymology

    This term is derived from the Spanish word 'liabilidad'.

    Common Phrases and Expressions

    company liabilities
    Liabilities or obligations of a business.
    liab ng kumpanya

    Related Words

    debt
    A type of liability due to borrowing.
    utang

    Slang Meanings

    Super lucky or super happy
    We're gonna be lit at the party later! So much food!
    Liab tayo sa party mamaya! Ang daming pagkain!
    Fast-paced movement or super fun
    Wow, this game is lit! So much fun!
    Grabe, ang liab ng game na ito! Ang saya!