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Then judges must treat the parties to litigation as having liabilities or obligations or entitlements that were not (determinately) theirs at the time when the dispute arose.
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But private foundations also have liabilities.
Pension funds have liabilities that stretch over several decades.
Pension schemes have liabilities streching far into the future.
Banks, by contrast, routinely have liabilities in excess of 90 percent of their assets.
The business had liabilities of about 1.9 billion francs, said Swiss Re.
The company had liabilities totaling $19 million, while listing $8.6 million in assets.
The city has liabilities of more than $17 billion, or $25,000 for everyone who lives there.
It stipulates that banks cannot have liabilities that exceed 10 percent of the total financial system's liabilities.
The unit, Hyundai Investment Trust and Securities Company, has liabilities exceeding its assets by 1.2 trillion won, or $1.08 billion.
The British Steel Pension Scheme has liabilities of £14.5bn, according to its latest accounts.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com