In the following questions choose the word which is the exact OPPOSITE of the given words.
Answer: Option B
No answer description available for this question.
|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.
|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.
|Abdul Wahab said: (Dec 29, 2017)|
Nice explanation Thanks.
|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)|
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