cross liabilities
简明释义
相互责任
英英释义
例句
1.The company's financial report showed significant cross liabilities 交叉负债 between its different divisions.
公司的财务报告显示其不同部门之间存在显著的交叉负债。
2.Investors need to be aware of cross liabilities 交叉负债 when assessing the overall risk of the business.
投资者在评估企业整体风险时需要关注交叉负债。
3.To mitigate cross liabilities 交叉负债, the company restructured its debt obligations.
为了减少交叉负债,公司重组了其债务义务。
4.Understanding cross liabilities 交叉负债 is crucial for effective financial planning.
理解交叉负债对有效的财务规划至关重要。
5.The audit revealed that the cross liabilities 交叉负债 were not properly documented.
审计发现交叉负债没有得到妥善记录。
作文
In the world of finance and accounting, the term cross liabilities refers to the situation where multiple parties or entities are liable for the same obligation or debt. This concept is particularly relevant in partnerships or joint ventures, where the financial responsibilities of one party can affect the others. Understanding cross liabilities is crucial for businesses as it helps in risk assessment and management. For instance, if two companies enter into a joint project, they may agree to share the profits and losses. However, if one company fails to meet its obligations, the other may be held accountable for the entire debt due to cross liabilities. This interconnectedness can lead to significant financial implications, making it essential for partners to clearly outline their responsibilities in any agreement.The significance of cross liabilities extends beyond mere financial aspects; it also impacts the legal landscape of business operations. When liabilities are shared, it can complicate legal proceedings in the event of a dispute. For example, if one partner defaults on a loan taken for a joint venture, creditors may pursue claims against all partners involved, not just the defaulting party. This can put additional strain on relationships and trust among partners, emphasizing the need for clear communication and well-defined contracts.Furthermore, understanding cross liabilities can aid in better financial planning and forecasting. Companies must consider potential liabilities when assessing their overall financial health. By recognizing that they may be liable for debts incurred by partners, businesses can implement strategies to mitigate risks. This may include setting aside reserves or obtaining insurance to cover potential losses related to cross liabilities.In summary, cross liabilities represent a critical aspect of financial and legal relationships between parties in business. The intertwining of liabilities necessitates careful consideration and planning to ensure that all parties understand their obligations and the potential risks involved. As businesses continue to collaborate and form partnerships, a solid grasp of cross liabilities will be indispensable for navigating the complexities of shared financial responsibilities. By fostering an environment of transparency and accountability, businesses can minimize the adverse effects of cross liabilities and work towards achieving their collective goals effectively.
在金融和会计领域,术语cross liabilities指的是多个当事方或实体对同一义务或债务负有责任的情况。这个概念在合伙企业或合资企业中特别相关,因为一个当事方的财务责任可能会影响其他当事方。理解cross liabilities对企业至关重要,因为它有助于风险评估和管理。例如,如果两家公司共同参与一个项目,它们可能同意分享利润和损失。然而,如果其中一家公司未能履行其义务,由于cross liabilities,另一家公司可能会对整个债务承担责任。这种相互联系可能导致重大的财务影响,因此合作伙伴在任何协议中明确各自的责任是至关重要的。cross liabilities的重要性不仅仅限于财务方面;它还影响着商业运营的法律环境。当责任被共享时,在发生争议时,这可能会使法律程序变得复杂。例如,如果一个合伙人未能偿还为合资企业借取的贷款,债权人可能会对所有参与的合伙人提出索赔,而不仅仅是违约方。这可能会给合伙人之间的关系和信任带来额外的压力,强调了清晰沟通和明确合同的必要性。此外,理解cross liabilities还可以帮助更好地进行财务规划和预测。公司在评估其整体财务健康状况时,必须考虑潜在的责任。通过认识到他们可能对合作伙伴所产生的债务负责,企业可以实施策略来降低风险。这可能包括预留资金或购买保险,以覆盖与cross liabilities相关的潜在损失。总之,cross liabilities代表了商业中当事方之间财务和法律关系的关键方面。责任的交织需要仔细考虑和规划,以确保所有各方了解其义务及相关风险。随着企业继续合作并形成伙伴关系,对cross liabilities的深刻理解将对应对共享财务责任的复杂性至关重要。通过营造透明和问责的环境,企业可以最大限度地减少cross liabilities的不利影响,并有效地朝着实现共同目标努力。