Liability is an adjective attributed to something or someone who suffers or is the target of an action caused by another person. It is related to the fact that a person does not do or do things for themselves, leaving it to other people to do it for them.
Example: “It is quite true that João is a passive boy. My father always needs to make the decisions for him".
The characteristic of a passive behavior it can also be attributed to her lack of initiative in carrying out actions. Usually, people who are apathetic, indifferent or uncooperative in certain situations are called passive people.
Example: "Selma was somewhat passive in not helping the lady cross the street".
For accounting, a liability is the monetary value of debts, obligations and commitments made to a person, company or institution.
See more details of accounting process.
It can have two types of action: circulating and non-current.
O current liabilities characterizes all the entity's financial obligations, including financing for the acquisition of durable goods, when it matures in the following year. If these financings mature after the following year, this process characterizes the
non-current liabilities.In both cases, if the company's cycle lasts longer than the current year, the liability concept will be based on the term of that cycle.
In grammar, more precisely in linguistics, the term passive is related to verbal voice in which the subject has the same role in relation to the object of the active voice. The subject, which would be called this way in the active voice, becomes the direct object in the passive voice, suffering some effect of the action.
Example: “Roberto is passive. He's not much of a helper".
As for philosophy, the term is attributed to the human being who lacks freedom or his free will. A passive being is one who has no will of his own.
In the area of law, liabilities characterize the collection of responsibilities, debts or debts of a legal entity.
This concept is similar to that of the economics area, where the term liabilities characterizes the sum of credit balances from different accounts in economic balance sheets.
Also in the area of law, specifically in the criminal part, the expression passive subject it refers to the holder of the legal asset harmed or threatened by the criminal conduct, that is, the person who suffered the criminal offense by the person who committed it.
The notion of the term passive is also used in the context of sexuality, to allude to a person who in a marital relationship, whether straight or homosexual, you tend to have a posture of submission during the act sexual. This type of behavior can also be extended to the couple's daily life.
Liabilities and Assets
It is common for the term passive to be related to the opposite idea of active, since this refers to the idea of assuming action, proactivity. The liability usually effectively opposes this idea.
In financial terms, assets and liabilities are also closely related. While the asset characterizes the assets, rights and applications that bring future benefits to the entity or company, the liability comprises the entire amount that it must pay, whether debts, obligations and commitments financial.
Synonyms for liabilities
The term may be replaced by synonyms like:
- disinterested;
- sad;
- apathetic;
- indolent;
- negligent;
- careless;
- indifferent;
- stopped;
- impassive;
- inert;
- inactive.
When the term is related to economics and accounting procedures, it can be replaced by synonyms such as: charges, obligations, or debts.