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 information. It is connected to tilivelvollisuus, the obligation to render accounts or to answer for financial matters to shareholders, regulators, or the public. Companies demonstrate tiliveluutta through clear financial reporting, timely disclosures, and independent audits. In governance and public administration, tiliveluutta denotes the accountability of officials and institutions to citizens and oversight bodies.

The concept is distinct from liquidity or solvency. Tiliveluutta focuses on responsibility, accountability, and the obligation to account for actions and finances, rather than solely on the ability to meet financial obligations or maintain cash flow.

Related terms include vastuullisuus (responsibility), tilivelka (liability), tilinpäätös (financial statements), tilintarkastus (audit), and tilivelvollisuus (the duty to render accounts). Tiliveluutta is used across corporate, public-sector, and legal contexts to describe how duties of accountability are fulfilled or expected to be fulfilled.