What is net liability?
submitted by Donna

Ray

It's the total amount a business owes minus any money or assets they have that can cover those debts. So, if liabilities are bigger than assets, net liability is positive.

Damion

Net liability is what a company owes after subtracting any assets or receivables related to those debts. It's the real amount they need to settle.

Kelly Gray

Net liability refers to the total liabilities minus the assets that directly offset those liabilities. It shows how much "obligation" the company has after remaining after accounting for what it owns. Those assets they own matter in this situation because they can be used to pay off debts.