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- Dictionaryli·a·bil·i·ty/ˌlīəˈbilədē/
noun
- 1. the state of being responsible for something, especially by law: "the partners accept unlimited liability for any risks they undertake" Similar Opposite
- 2. a person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage: "he has become a political liability" Similar Opposite
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Jul 30, 2024 · A liability is something that a person or company owes, usually a sum of money. Learn about the different types of liabilities, how they're recorded on the balance sheet,...
1. a. : the quality or state of being liable. was cleared of liability for the accident. b. : probability. 2. : something for which one is liable. especially : pecuniary obligation : debt usually used in plural. business assets and liabilities. 3. : one that acts as a disadvantage : drawback.
Learn the meaning of liability as a noun in English, with synonyms, collocations, and usage examples. Find out how liability can refer to legal responsibility, debts, or risks in different contexts.
Liability is a noun that means an obligation, debt, disadvantage, or likelihood. Learn how to use it in a sentence, see related words, and explore its origin and history.
Sep 5, 2016 · Learn what liability means in law, finance, and everyday life. Find out the difference between civil and criminal liability, and see examples of liability claims and waivers.
the responsibility of a person, business, or organization to pay or give up something of value: [ U ] He denies any liability in the accident. [ C usually pl ] The business has liabilities of $5 million. A liability is also anything that hurts your chances of success or that causes difficulties:
Learn the meaning of liability as a noun in English, with synonyms, pronunciation, grammar and usage notes. Find out how to use liability in different contexts, such as legal responsibility, financial obligation or personal burden.
Learn the meaning of liability as a noun in different contexts, such as business, law, insurance, and hospitality. Find synonyms, pronunciation, collocations, and usage examples of liability.
Learn the legal meaning of liability as the condition or state of being held responsible for something. Find examples of how to use the word in sentences and browse other legal terms.
Learn the meaning of liability as a noun in English, with synonyms, translations and usage examples. Liability can mean legal responsibility or trouble, depending on the context.
