capital liability

noun

1
: the capital stock of a company representing the ownership interest for which the company is answerable to its stockholders even though a debtor and creditor relationship does not exist
2
: a fixed liability (as a bond or mortgage) representing borrowed capital

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Cite this Entry

“Capital liability.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/capital%20liability. Accessed 22 Dec. 2024.

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