liability [lahy-uh -bil -i-tee]
Examples Word Origin
See more synonyms for liability on Thesaurus.com noun, plural li·a·bil·i·ties. liabilities, moneys owed; debts or pecuniary obligations (opposed to assets ). 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. Show More
Related forms non·li·a·bil·i·ty , noun, plural non·li·a·bil·i·ties. pre·li·a·bil·i·ty , noun, plural pre·li·a·bil·i·ties. Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Related Words for liabilities duty ,
culpability ,
accountability ,
burden ,
obligation ,
debt ,
mortgage ,
loan ,
inconvenience ,
damage ,
responsibility ,
involvement ,
exposure ,
susceptibility ,
onus ,
amenability ,
indebtedness ,
blame ,
compulsion ,
subjection Examples from the Web for liabilities Contemporary Examples of liabilities That means insurers are involved in assessing both the liabilities involved in the airplane itself and of the airline.
LS Fashion Limited is fully able to meet the company's liabilities and pay all suppliers and customers.
Bush has the liabilities everyone knows—his last name, mostly, and that fire-in-the-belly business.
The liabilities are there and if you want to take them, go for it.
If the outcome is that they do reduce some of these liabilities , that could be an incentive for the filing.
Historical Examples of liabilities If arrested, they can have no claim to exemption from the liabilities of criminals.
Its liabilities were small, it was merely in want of ready-money.
The most intangible of assets and the most unescapable of liabilities .
The liabilities thus frankly stated, let us turn to the assets.
How was he to pay up the liabilities of his bank shares from his dwindling practice?
British Dictionary definitions for liabilities accounting business obligations incurred but not discharged and entered as claims on the assets shown on the balance sheet Compare assets (def. 1) Show More
the state of being liable a financial obligation a hindrance or disadvantage likelihood or probability Show More
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin and History for liabilities n. 1790, originally a term in law; "condition of being legally liable;" see liable + -ity . General sense is from 1809; meaning "thing for which one is liable" is first attested 1842. Related: Liabilities .
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Online Etymology Dictionary, © 2010 Douglas Harper
The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
