tiliveluutta
Tiliveluutta is a Finnish term describing the state or quality of being liable or accountable. In everyday language it can refer to responsibility for one’s actions, but in legal and financial usage it is closely tied to obligations to report and to bear financial or organizational responsibility. The word combines elements related to accounts (tili or account) and obligation (velvollisuus).
In finance and accounting, tiliveluutta relates to liabilities and to the duty to provide accurate and transparent
The concept is distinct from liquidity or solvency. Tiliveluutta focuses on responsibility, accountability, and the obligation
Related terms include vastuullisuus (responsibility), tilivelka (liability), tilinpäätös (financial statements), tilintarkastus (audit), and tilivelvollisuus (the duty