Discussion :: Antonyms - Section 1 (Q.No.94)
In the following questions choose the word which is the exact OPPOSITE of the given words.
| 94. | LIABILITY |
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Answer: Option B Explanation: No answer description available for this question.
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| Saket said: (Aug 3, 2010) | |
| is assets opposite of liability? | |
| Sundar said: (Aug 31, 2010) | |
| Main Entry: liability Part of Speech: Noun Definition: burden, debt Synonyms: IOU, account, arrear, arrearage, bad news, baggage, balance, bite*, chance, chit, contingency, contract, damage, debit, disadvantage, drag*, drawback, due*, encumbrance, handicap, hindrance, impediment, inconvenience, indebtedness, indebtment, involvement, lease, loan, millstone, minus, misfortune, mortgage, nuisance, obligation, onus, pledge, possibility, remainder, responsibility, tab. Antonyms: asset |
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| Ramesh T said: (Dec 22, 2016) | |
| LIABILITY: a thing for which someone is responsible, especially an amount of money owed. ASSETS: an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. |
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| Abdul Wahab said: (Dec 29, 2017) | |
| @Ramesh. Nice explanation Thanks. |
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| Freeol said: (Mar 23, 2018) | |
| Asset is a combination of liability and owner's equity, how it can be? | |
| Payal Kukreja said: (Jun 16, 2021) | |
| Liability: Loan. Asset: Property. |
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