C1
asset vs liability
The difference
| Word | Meaning | Goes with | Example |
|---|---|---|---|
| assetnoun/ˈæs.et/ | Meaning something valuable that a person or company owns; also a person or quality that is very useful | Goes with valuable asset | Example Her ability to speak Japanese is a real asset in this job. |
| liabilitynoun/ˌlaɪ.əˈbɪl.ə.ti/ | Meaning legal responsibility for a cost or for damage; also a person or thing that causes problems | Goes with accept liability | Example The company denied liability for the accident and blamed the driver. |
Which word fits?
1 of 8Pick the word for the gap. Its form may change in the sentence.
The bank has total of over one trillion đồng.