unfunded liability
collocation in Englishmeaningsofliability
These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withliability.
liability
noun
uk/ˌlaɪ.əˈbɪl.ə.ti/us/ˌlaɪ.əˈbɪl.ə.t̬i/
the fact that someone is legally responsible ...
See more atliability
(Definition ofliabilityfrom theCambridge English Dictionary© Cambridge University Press)
Examplesofunfunded liability
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
Public benefits are sometimes criticized on grounds that they incur a largeunfundedliabilitythat future generations will have to meet.
From theCambridge English Corpus
In other words, the moral hazard cost associated with failing to insure only a standardized portfolio is equal to 15 % of the currentunfundedliability.
From theCambridge English Corpus
Guaranteeing that this equity premium will, in fact, materialize constitutes a largeunfundedliability.
From theCambridge English Corpus
To determine theunfundedliabilityunder the two methods, consider the status of the plans after two years of funding.
From theCambridge English Corpus
Theunfundedliabilityis usually paid off over a fixed number of years like a home mortgage.
From theCambridge English Corpus
Finally, some plans are directing a portion of contributions to a currentunfundedliability.
From theCambridge English Corpus
If the fund had only $4,000, the actuary would declare anunfundedliabilityof $2,000.
From theCambridge English Corpus
A numerical example may help clarify the meaning of normal cost andunfundedliabilityunder the two methods.
From theCambridge English Corpus
These contributions consist of the ' normal cost ' payment to cover the costs of benefits accrued during a given year, and an installment payment to pay off the firm'sunfundedliability.
From theCambridge English Corpus
One is whether theunfundedliabilityis related to benefits accrued before 1988 or 1995, or to changes in the mortality table used to determine contributions.
From theCambridge English Corpus
The main point was whether local authorities will find themselves suddenly with anunfundedliability.
From the
Hansard archive
Example from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0
If no changes had been made, theunfundedliabilitywould have been $178 million by 2013.
From
Wikipedia
The legislation reduces the state'sunfundedliabilityof nearly $7.3 billion to $4.3 billion, a $3 billion reduction.
From
Wikipedia
Theunfundedliabilityof our pension system has spiraled to new depths in recent years, and without these changes, would grow even more dramatically in the very immediate future.
From
Wikipedia
Approximately two years later, the liability had been reduced to less than $1 billion and a plan was in place to finance and administer the remainingunfundedliability.
From
Wikipedia
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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