fixed liability

USAGE SUMMARY

The phrase "fixed liability" is correct and usable in written English.
It can be used in legal or financial contexts to refer to a liability that is set and does not change over time. Example: "The company has a fixed liability of $500,000 that it must pay by the end of the fiscal year."

✓ Grammatically correct

Formal & Business

News & Media

Academia

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

Debtors have less cash to deal with a fixed liability.

BBC

Human-verified similar examples from authoritative sources

Similar Expressions

59 human-written examples

Now that the stockmarket crash has exposed the risks of hedging fixed liabilities with floating assets in the form of shares, they are increasingly choosing corporate bonds instead.

The Economist

Calculate all long-term liabilities, also known as fixed liabilities.

WikiHow

Alternatively, the F.D.A. should fix the liability problem by amending its regulations to allow generic manufacturers to change the warning labels.

The New York Times

The same thing was true in the case before us and the jury were instructed that if that could be done they were to fix the liability in accordance.

Harvard University

It is true that it would be inaccurate to say that the owner repudiated the contract in toto, for the letter that we have quoted assumed that the contract was binding and referred to it as fixing the liability incurred.

Cornell University

Secure liability insurance.

WikiHow

But Gunnar Beck, an EU analyst at London's School of Oriental and African Studies, called the decision "a completely absurd judgment from a legal point of view", because it meant Germany's liability was fixed "unless it is decided otherwise, which means there's no limit to it".

The Guardian

The numbers appear frozen: sales unchanged at about $10 billion since 1993; net income hovering around $64 million 2020 cents on either side of $1.70 a share for the past three years last yearr it was $1.65 a share);assets virtually unchanged, at about $3 billion, and liabilities also fixed, at about $842 million.

Forbes

(In practice, determination of affection status was based on fixed threshold on the normal liability scale, and so the implied prevalence will vary slightly around 1/250 when non-null genetic effects are specified. This effect is very small and does not impact the comparisons of methods and conclusions, however).

Genome Medicine

First, net monetary assets (essentially cash and receivables minus liabilities calling for fixed monetary payments) lose purchasing power as the general price level rises.

Britannica

Expert writing Tips

Best practice

When discussing financial statements or legal agreements, use "fixed liability" to clearly indicate an obligation with a predetermined and unchangeable amount. This ensures precision and avoids ambiguity.

Common error

Avoid using "fixed liability" when referring to costs or debts that fluctuate. "Fixed liability" specifically denotes an amount that remains constant over a defined period, unlike variable expenses.

Linguistic Context

The phrase "fixed liability" functions as a noun phrase where the adjective "fixed" modifies the noun "liability". It describes a specific type of financial obligation that is predetermined and does not fluctuate over time, as shown by Ludwig AI.

Expression frequency: Rare

Frequent in

Formal & Business

34%

News & Media

33%

Academia

33%

Less common in

Science

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "fixed liability" is a noun phrase used to denote a financial obligation that is predetermined and does not change over time. Ludwig AI indicates that the phrase is grammatically correct and appears in formal contexts such as finance, accounting, and law. While "fixed liability" is not a common expression, it is important to use it correctly to avoid confusing it with variable or current liabilities. Alternatives such as "predetermined obligation" or "set financial obligation" can be used depending on the specific context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

predetermined obligation

Replaces "fixed" with "predetermined", emphasizing the pre-established nature of the liability.

set financial obligation

Substitutes "fixed liability" with "set financial obligation", focusing on financial aspect.

constant liability

Uses "constant" instead of "fixed", highlighting the unchanging nature of the liability.

immutable debt

Replaces "fixed liability" with "immutable debt", stressing the unchangeable aspect of the debt.

unchanging financial responsibility

Emphasizes the static nature of the financial responsibility.

established liability

Focuses on the liability being already set or established.

static financial commitment

Replaces "liability" with "financial commitment" and "fixed" with "static", highlighting commitment.

guaranteed liability

Indicates that the liability is assured or certain.

certain debt

Simple alternative emphasizing the sureness of the debt.

definite financial obligation

Highlights the clear and precise nature of the financial obligation.

FAQs

How is "fixed liability" different from "current liability"?

"Fixed liability" refers to a long-term debt obligation with a predetermined amount, whereas "current liability" is a short-term debt due within a year.

What are some examples of a "fixed liability"?

Examples of a "fixed liability" include long-term loans, bonds payable, and mortgages.

What can I say instead of "fixed liability"?

Alternatives to "fixed liability" include "predetermined obligation", "set financial obligation", or "constant liability" depending on the context.

Why is it important to distinguish between "fixed liability" and other types of liabilities?

Distinguishing between "fixed liability" and other liabilities is crucial for financial planning and risk management, as it affects a company's ability to meet its financial obligations.