liabilities(n = noun.possession) - anything that is owed to someone else;
is a kind of possession
has particulars: tax liability, payables, deficit, debt, charge, accounts payable

N  accounts, accompts, commercial arithmetic, monetary arithmetic, statistics, money matters, finance, budget, bill, score, reckoning, account, books, account book, ledger, day book, cash book, pass book, journal, debtor and creditor account, cash account, running account, account current, balance, balance sheet, compte rendu, account settled, acquit, assets, expenditure, liabilities, outstanding accounts, profit and loss account, profit and loss statement, receipts, bookkeeping, accounting, double entry bookkeeping, reckoning, audit, accountant, auditor, actuary, bookkeeper, bean counter, financier, accounting party, chartered accountant, certified accountant, accounting firm, auditing firm, monetary, accountable, accounting.