liabilities assumed by

USAGE SUMMARY

The phrase "liabilities assumed by" is correct and usable in written English.
It can be used in legal, financial, or business contexts to indicate the responsibilities or debts taken on by a party. Example: "The contract outlines the liabilities assumed by the buyer in the event of a breach."

✓ Grammatically correct

Academia

News & Media

Science

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

But the liability assumed by the Government here is that created by 'all the circumstances,' not that which a few of the circumstances might create.

Cornell University

The first "short" leg is a contingency; you don't count it as a liability assumed by the partnership.

Forbes

If Medicare were a private insurance company, its costs would increase by a trillion dollars annually for the interest on its liabilities (assuming 3% interest).

Forbes

Mr. Brown pointed to widespread consternation over the enormous potential liability that the government had assumed by taking bad debt off banks' hands or injecting capital directly.

The New York Times

TechCrunch has also confirmed that any further Yahoo liability going forward will be assumed by Altaba, the newly branded holding company that will oversee the Yahoo stake in Alibaba after the sale of the rest of the assets to Verizon.

TechCrunch

TechCrunch has also confirmed that any further Yahoo liability going forward will be assumed by Altaba, the newly branded holding company that will oversee the Yahoo stake in Alibaba after the sale of the rest of the assets to Verizon.

TechCrunch

With that, Merrill's liabilities related to the mortgage crisis were assumed by Bank of America.

The New York Times

For example, in a 363 sale, unwanted contracts and real property leases can be rejected by the debtor, and certain liabilities of the debtor such as bank or bond debt need not be assumed by the purchaser.

Harvard University

The new rate of return assumed by General Motors for this year and the company's current pension liability will be released Thursday at a meeting with analysts, Ms. Simonetti said.

The New York Times

Many people assume that the liability for any payment problems encountered with business credit cards will be at least partially assumed by their companies.

Huffington Post

The second part of the legislation would prohibit financial institutions from assuming, by acquisition, more than 10 percent of all liabilities in the financial system.

The New York Times

Expert writing Tips

Best practice

In contracts or agreements, ensure a comprehensive list of all "liabilities assumed by" each party is included to prevent future disputes.

Common error

Avoid vague language when detailing the "liabilities assumed by" a party. Always quantify or clearly define the scope of the liabilities to ensure mutual understanding and prevent future legal challenges.

Linguistic Context

The phrase "liabilities assumed by" functions as a noun phrase modifier, specifying the type of responsibilities or debts that are being taken on by a particular entity. Ludwig AI suggests that it can be used in legal, financial, or business contexts to indicate responsibilities or debts taken on by a party.

Expression frequency: Rare

Frequent in

News & Media

33%

Academia

33%

Science

33%

Less common in

Formal & Business

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

In summary, "liabilities assumed by" is a grammatically correct and usable phrase, primarily functioning as a noun phrase modifier. It is most commonly found in legal, financial, and business contexts to specify the responsibilities or debts taken on by a party. Ludwig AI confirms its usability. While not highly frequent, its usage is consistent across various authoritative sources. To enhance clarity, it's best to specify the parties and the nature of the liabilities when using this phrase. Related phrases include "obligations taken on by" and "responsibilities accepted by", offering alternative ways to express the same concept.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

obligations assumed by

A direct synonym, replacing "liabilities" with "obligations" for a slightly softer tone.

obligations taken on by

Focuses on the duties and commitments accepted, rather than specifically naming them as liabilities.

responsibilities taken up by

Emphasizes the act of voluntarily accepting responsibilities.

legal responsibilities assumed by

Emphasizes the legal nature of the responsibilities that are taken on.

responsibilities accepted by

Emphasizes the acceptance of duties, shifting the focus from potential debt to general duties.

duties accepted by

Similar to responsibilities, but suggests a more formal or obligatory acceptance.

burdens borne by

Highlights the challenging nature of the liabilities and the act of enduring them.

commitments undertaken by

Focuses on the promises and engagements made, often in a business or legal context.

debts incurred by

Specifically refers to financial obligations and the act of accumulating them.

financial obligations accepted by

Specifically highlights the financial aspect of the liabilities being assumed.

FAQs

How can I rephrase "liabilities assumed by" in legal writing?

In legal contexts, consider using more formal alternatives such as "obligations undertaken by", "responsibilities accepted by", or "burdens borne by" depending on the specific nuance you wish to convey. These options can provide greater precision and formality.

What's the difference between "obligations assumed by" and "liabilities assumed by"?

While similar, "liabilities assumed by" typically refers to financial or legal debts taken on, whereas "obligations assumed by" can encompass broader duties and commitments beyond just financial or legal aspects.

In what contexts is it appropriate to use the phrase "liabilities assumed by"?

The phrase is appropriate in legal, financial, and business contexts where specific debts, responsibilities or legal burdens are being transferred or accepted by a party. It's common in contracts, mergers, and acquisitions.

What are some common examples of "liabilities assumed by" in a business acquisition?

In a business acquisition, examples of "liabilities assumed by" can include outstanding debts, ongoing contracts, pending litigation, environmental liabilities, and employee benefit obligations.