View synonyms for liability

liability

[ lahy-uh-bil-i-tee ]

Phonetic (Standard)IPA

noun

, plural li·a·bil·i·ties.

liabilities,
1. Finance. moneys owed; debts or pecuniary obligations ( assets ).
2. Accounting. liabilities as detailed on a balance sheet, especially in relation to assets and capital.
something disadvantageous:
His lack of education is his biggest liability.
Also li·a·ble·ness [] the state or quality of being liable:
liability to disease.

liability

/ ˌlaɪəˈbɪlɪtɪ /

liability

First recorded in 1785–95; li(able) + -ability

No one saw them, and all of a sudden reports of being “difficult” were a real liability.

Except for in the Academy, where a low number seems to be a liability.

But will his racially charged rhetoric make him a liability instead?

The Japanese judges have established that yakuza bosses have “employer liability” for the actions of their subordinates.

And when it comes to liability litigation, as inevitably it will, Rolls Royce would seem to be off the hook.

The percentage of gold to the notes—the main demand liability—has, of course, fallen from about 65 to 35 per cent.

He was a large shareholder of the bank, and the liability of the shareholders was unlimited.

A claim barred by the statute of limitations is not provable, nor is a contingent liability.

In many states statutes exist defining their right to sue and be sued, and their liability to creditors.

In such incompetent hands the malt business soon fell to be a liability rather than an asset.

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