take on liabilities
Frequency: 6.27.1 per million words
to accept responsibility for debts, often when buying a business
Categories:
Examples (10)
- The acquiring company agreed to take on all the existing liabilities of the smaller firm.
- In the merger, we had to take on significant liabilities from the failing entity.
- Are you prepared to take on the financial liabilities associated with this investment?
- The new owner decided to take on the company's long-term liabilities as part of the deal.
- Small businesses often hesitate to take on large liabilities without careful consideration.
- By signing the contract, they will take on legal liabilities for any future damages.
- She advised against the acquisition due to the immense liabilities they would have to take on.
- The government had to take on the liabilities of the bankrupt national airline.
- Before expanding, it's crucial to assess your capacity to take on additional liabilities.
- The investor was willing to take on the environmental liabilities of the industrial site.