TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

assumed liability [1 record]

Record 1 1997-03-24

English

Subject field(s)
  • Loans
DEF

An obligation for which responsibility for payment is taken, as in the acquisition of a going concern.

French

Domaine(s)
  • Prêts et emprunts
DEF

Dette ou obligation dont on assume la responsabilité quant aux intérêts et au remboursement du capital, par exemple les dettes et obligations de l'entreprise dont on se porte acquéreur.

Spanish

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