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Synonym of LIABILITY

A. Debt

B. Debit

C. Asset

D. Credit

Answer: Option A

Solution(By Examveda Team)

Debt : a sum of money that is owed or due.
Debit : an entry recording a sum owed, listed on the left-hand side or column of an account.
Asset : a useful or valuable thing or person.
Credit : the ability of a customer to obtain goods or services before payment, based on the trust that payment will be made in the future.
Liability : a thing for which someone is responsible, especially an amount of money owed.

Synonym of Liability is Debt

This Question Belongs to Competitive English >> Synonyms

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