liabilities 

n. (accounting) Debts.

Total liabilities equal to total assets minus total owner's equity.

liabilities by Nodie March 1, 2011

liabilities 

Someone with liabilities is incredibly good at lying. Can get any one believe anything at any time. Abilities are on par with lying greats such as George Costanza, Drake Parker, and George Bush.

liabilities- they hold society together

liabilities by MaximumOverdrive February 23, 2009

Friends with Liabilities 

Think the opposite of 'friends with benefits'. In essence, you are so close to being a girl's boyfriend you get all the negative effects, but none of the positive.

Dude 1: "She's been bitching at me all day."

Dude 2: "Yeah, most guys tend to have friends with liabilities."

Friends with Liabilities by NTrav April 24, 2008

Liabilititties 

Liabilititties are very enticing breasts owned by a female that make males very horny; horny enough to cheat on their girlfriends.

Liabilititties might also convince a male to hook up with a girl who already has a boyfriend.

I can't resist her liabilititties, I have to hook up with her.

Liabilititties by soco1.75 February 16, 2009