off-balance sheet liabilities
liabilities (=money owed) that do not appear on a company or organisation's balance sheet The bank's off-balance sheet liabilities now exceeds 1000% of shareholder capital.
- off balance sheet liabilities
- The off-balance sheet liabilities for the whole company are $750,000.
- Banks must report off-balance sheet liabilities.
- Off-balance sheet liabilities include litigation, guarantees of future performance, and renegotiation of claims under a government contract. Such liabilities can be a major burden to a business. Identifying off balance sheet liabilities can help identify problems that a company may be facing.