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Liabilities vs Debts - What's the difference?

liabilities | debts |

As nouns the difference between liabilities and debts

is that liabilities is while debts is .

liabilities

English

Noun

(head)
  • (finance) An amount of money in a company that is owed to someone and has to be paid in the future, such as tax, debt, interest, and mortgage payments.

    • debts

    English

    Noun

    (head)