Liabilities Sentence Examples

The more people there were, the more liabilities.

Or, when one person is compelled by law to discharge the legal liabilities of another, he becomes the creditor of the person for the money so paid.

To national debts there has been added a great mass of municipal and local indebtedness, which seems likely to equal, or even exceed in magnitude the liabilities of the central governments.

In 1908 the state debt was $816,785, and the assets in bonds, railway mortgages and bank stocks exceeded the liabilities by $7 1 7,779.

A Board of Railroad and Warehouse Commissioners, elected by the people, was established in 1875, under a provision of the constitution requiring the General Assembly to establish maximum rates and provide against discriminations.4 The homestead of a housekeeper or head of a family, together with the rents and products of the same, is exempt from levy and attachment except to satisfy its liabilities at the time he acquired it.

With the two previous loans above mentioned, £T5,50o,000 capital liabilities were paid off, the work of reorganization had made considerable progress, and £T2,000,000 remained in hand at the beginning of1910-1911to continue it.

Liabilities arising out of agreements concluded after May 6 1915 are null and void if not sanctioned by the Government.

These banks enjoyed the privilege of issuing currency notes to the amount of three times the cash in hand without regard to their commercial liabilities.

Tithe rent charge under these acts is subject to the same liabilities and incidents as tithes, such as parliamentary, parochial, county and other rates, especially the poor rate and highway rate; but the owner of tithe rent charge attached to a benefice has been exempted by an act of 1899 from payment of half the amount of any rate which he would be liable to pay under the Agricultural Rates Act 1896, the other half being borne by the Inland Revenue Commissioners.

There are also, in addition, many other acts that impose certain liabilities in respect of animals and indirectly prevent cruelty.

His status affected the force of the contract as well as the value of his evidence; and the laws appear to imply that by becoming a witness, a man incurred liabilities as a surety.

We therefore disclaim all liabilities for any errors in the information here.

The company's solvency, its ability to meet its liabilities, is put under pressure.

Liabilities on behalf of communes and public establishments, including departmental services 17,366,520

There are also certain liabilities or debts which, for the convenience of the remedy, have been made to appear as though they sprang from contract, and are sometimes termed quasi-contracts.

The liabilities of the fund (capitalized) amounted to 10,668,105, of which monastic pensions represented a rapidly diminishing sum of 2,564,930.

This, however, is only to be done after certain liabilities have been met out of the estate, including the services due to the lord of the land.

Under the budgetary heading " Public Debt " is included, as it should be, all expenditure in connexion not only with the public debt proper, but also with advances from banks and others, railway guarantees, an account of which will also be found below, and all capitalized liabilities, as far as known, contracted by the state.

This is really an accretion of undetermined liabilities which has been indefinitely, and probably alternately, advancing and receding for a great number of years, and which no previous minister of finance, or Turkish government, had the courage to face.

Now and then it has been dealt with piecemeal, when some particular class of creditors has become too pressing, but it is more than probable that the piece got rid of has been more or less rapidly replaced by fresh liabilities occasioned by budgetary deficits, or by the mere accumulation of interest on debts allowed to run on.

The value of the assets of the spiritual work in the United Kingdom increased from £558,992 in 1891 to £1,357,706 in 1909, the liabilities on account of loans upon mortgage and otherwise amounting at the latter date to £662,235.

The notion of obtaining a periodical record of population and its movement, dissociated from fiscal or other liabilities, originated, as stated above, in Sweden, where, in 1686, the birth and death registers, till then kept voluntarily by the parish clergy, were made compulsory and general, the results for each year being communicated to a central office.

In view of the dissolution of the intercolonial council a convention was signed at Pretoria on the 29th of May which made provision for the division of the common property, rights and liabilities of the Orange Colony and the Transvaal in respect to the railways and constabulary, and established for four years a joint board to continue the administration of the railway systems of the two colonies.

A constitutional provision makes each stockholder in a state bank liable to the amount of his share or shares for all the bank's debts and liabilities.

The wife may hold, acquire and manage property the same as if she were single; she is also subject to the same liabilities in relation to her property as a single woman except that no contract or conveyance by her as surety or guarantor for her husband is binding.

Democratic progress on the Continent has, however, absorbed conscription as a feature in the equalization of the citizen's rights and liabilities.

More especially was this the case as his Norman followers were disposed to evade the liabilities of their English predecessors.

The homestead of a householder or head of a family to the value of $2000 and properly recorded is exempt from levy, seizure, garnishment or forced sale, except for purchase money, for services of a labouring person or mechanic, for liabilities incurred by a public officer, fiduciary or attorney for money collected, for taxes, for rent or for legal fees of a public officer.

Deficits can be transferred to the capital account, and the country's resources employed most usefully by repaying liabilities contracted in times of extreme need.

The legislature may not create any debt or liability " which shall, single or in the aggregate with any previous debts or liabilities, at any time exceed $10o,000," except for purposes of war, to repel invasion or to suppress insurrection, without specifying distinctly the purpose or object, providing for the payment of interest, and limiting the liability to thirty-five years; and the measure as thus passed must be ratified by popular vote.

The powers, duties and liabilities of the quarter sessions and justices out of session with respect to the county police were vested in the quarter sessions and the county council jointly, and are now exercised through the standing joint-committee of the two bodies.

It should be added that the grant of a court of quarter sessions to any borough other than a county borough after the passing of the Local Government Act 1888, does not affect the powers, duties or liabilities of the county council as regards that borough, nor exempt the parishes in the borough from being assessed to county rate for any purposes to which such parishes were previously liable to be assessed.

It may be mentioned, however, that under the Local Government Act 1894, where a burial board district is wholly in an urban district, the urban council may resolve that the powers, duties and liabilities of the burial board shall be transferred to the council, and thereupon the burial board may cease to exist.

By the Local Government Act 1894, there were transferred to the district council of every rural district all the powers, duties and liabilities of every highway authority, surveyor or highway board within their district, and theLformer highway authorities ceased to exist.

Vigorous protests by the private trading companies were also made against this violation of the freedom of trade secured by the Berlin Act, and eventually 1 For an account of the loans and liabilities of the state see II.

Irish landlords complained that their properties, ruined by the famine, and encumbered by the extravagances of their predecessors, could not bear the cost of this new poor law; and the ministry introduced and carried a measure enabling the embarrassed owners of life estates to sell their property and discharge their liabilities.

The relations between capital and labour are the subject of a series of statutes, which prohibit the employment of children under fourteen years of age in any mechanical, mercantile or manufacturing establishment, punish with fine or imprisonment any attempt by an employer to influence his employee's vote or to prevent him from joining a labour union, and in cases of insolvency give preference over general liabilities to debts of $100 or less for labour.

Fresh liabilities were soon incurred, and in spite of frequent contributions from the estates Joachim left at his death in January 1571 a heavy burden of debt to his son and successor, John George.

Dependence on others created not only potential liabilities but made her weaker as well.

Environmental audits provide a rapid appraisal of the potential liabilities associated with site risks.

The legality audit also includes the control of the liabilities taken by the executive power chargeable to the commitment appropriations.

We have helped many clients establishing trading subsidiaries to manage direct tax liabilities.

Failure to exercise adequate protection of charitable funds may leave the trustees personally liable for any liabilities that the charity incurs.

The computerisation of the Councils Terrier system will greatly facilitate the identification of the Council's liabilities under the new regime.

The assets liabilities who learned from is essential how the only motocross.

The requirements in relation to the classification of long-term liabilities should be made more rigorous.

Special liabilities lay upon riparian owners to repair canals, bridges, quays, &c. The state claimed certain proportions of all crops, stock, &c. The king's messengers could commandeer any subject's property, giving a receipt.

No provision was then made in the budget to meet these liabilities, nor did the minister in his prefatory memorandum make any allusion to them; in his budget speech, however, he announced that a scheme for dealing with them would be presented with the budget for 1911-1912.

Recourse variables would represent the liquidation (selling) of assets to meet liabilities.

The company 's solvency, its ability to meet its liabilities, is put under pressure.

There are a number of liabilities inherent to eyewitness testimonies.

Once the price and terms of the sale have been agreed, a notary is instructed to carry out checks on the property to ensure there are no liabilities or charges against it and to prepare contracts.

It also means understanding the value of your assets and the cost of your liabilities.

On the other hand, "liabilities" are the opposite of assets.

It is best to keep your liabilities to a minimum while maximizing your assets.

A person going through a divorce needs to be aware of the amount of joint assets and liabilities.

At this time the mediator may also ask both clients to fill out Assets and Liabilities form, a Debt Declaration form and a Budget form to support any financial information they provide.

As your candle business grows, you will also need to find out about things like insurance, liabilities, and tax deductions.

Is the organization insured against liabilities?

This organization's confidential services can help you complete a personal financial assessment based on your income, expenses, assets, and liabilities.

But keep in mind as a yoga professional, you'll have certain responsibilities and insurance liabilities to consider.

Discuss pre-existing loans, liabilities, expected returns, projected sales and costs, break-even analysis, and pro-forma cash flow statements.

List long-term liabilities, those you don't expect to liquidate within a year, such as your home mortgage, home equity loans, finance company loans and long-term leases.

It entails a listing of assets that are balanced against a firm's liabilities and owner's equity.

For the most part, looking at an insurance company's assets and liabilities provides a good picture of the financial health of the company, but insurance company financial stability "ratings" are conspicuously absent from the NAIC site.

Liability insurance only covers your liabilities to someone else.

Understand that most shows will ask you to sign a waiver releasing the network of all liabilities if you get sick or injured.

It was intended to assign to the war department £T3,804,918, to the grand master of ordnance £T358,108, to the admiralty £T93,912, and to the ministry of finance £T2,443,202 for the payment of the war indemnities in Thessaly and other urgent liabilities, the estimated aggregate extraordinary expenditure thus amounting to £T6,700,140.

In China, moreover, an enumeration of somewhat the same nature was an ancient institution in connexion with the provincial revenues and military liabilities.

Their native foes had been crushed by British forces; their liabilities were consolidated into a debt to Great Britain, to be repaid at convenience and leisure - as a matter of fact, not even interest was paid for some time.

In 1865 an empty exchequer called for drastic measures, and the volksraad determined to endeavour to meet their liabilities and provide for further contingencies by the issue of notes.

The Vienna Creditors' Association for the protection of claims in bankruptcies had in 1909- It fresh failures with liabilities of 45, 40 and 43 millions of kronen respectively.