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What is another word for Personal Liabilities?

Pronunciation: [pˈɜːsənə͡l lˌa͡ɪəbˈɪlɪtiz] (IPA)

Personal liabilities are financial obligations that an individual is accountable for. These can arise from various situations such as loans, credit card debts, mortgages, and other forms of borrowings. Synonyms for personal liabilities include personal debts, financial responsibilities, individual obligations, personal burdens, and financial accountabilities. These terms all refer to the same concept of an individual being responsible for meeting their financial commitments. It is crucial for individuals to manage their personal liabilities effectively to maintain a healthy financial position and avoid potential negative consequences such as credit score deterioration or legal actions from creditors.
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What are the opposite words for Personal Liabilities?

Personal liabilities refer to a person's financial obligations, debts, or responsibilities. As a term, it denotes the amount of money that an individual owes to someone else. Antonyms for personal liabilities would be assets, meaning an individual's financial resources or valuable possessions. Examples of assets include cash, investments, land, real estate, and personal property. Another antonym for personal liabilities could be savings or reserves, referring to the money that an individual sets aside for retirement, emergencies, or future expenses. Finally, the term net worth could be an antonym for personal liabilities, as it represents a person's total assets minus their liabilities.

What are the antonyms for Personal liabilities?

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