Liability
| Definition: | reservation of some resource to meet commitments |
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| Dictionary Basis: | something for which one is liable: as (1): an amount that is owed whether payable in money,
other property, or services ; MWUDProperty "Dictionary basis" (as page type) with input value "something for which one is liable: as (1): an amount that is owed whether payable in money,</br>other property, or services ; MWUD" contains invalid characters or is incomplete and therefore can cause unexpected results during a query or annotation process. |
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| General concept: | motivation element |
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| Note: | A liability is a reservation of actual resources (materials, finished goods, people’s time, cash,
etc.) to meet commitments, rather than the accounting sense of “liability” (the monetary value of these resources).Property "Note" (as page type) with input value "A liability is a reservation of actual resources (materials, finished goods, people’s time, cash,</br>etc.) to meet commitments, rather than the accounting sense of “liability” (the monetary value</br>of these resources)." contains invalid characters or is incomplete and therefore can cause unexpected results during a query or annotation process. |
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