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View synonyms for liability

liability

[ lahy-uh-bil-i-tee ]

noun

, plural li·a·bil·i·ties.
  1. 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.
  2. something disadvantageous:

    His lack of education is his biggest liability.

  3. Also li·a·ble·ness [] the state or quality of being liable:

    liability to disease.



liability

/ ˌlaɪəˈbɪlɪtɪ /

noun

  1. the state of being liable
  2. a financial obligation
  3. a hindrance or disadvantage
  4. likelihood or probability
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


liability

  1. An obligation or debt .


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Other Words From

  • non·li·a·bil·i·ty noun plural nonliabilities
  • pre·li·a·bil·i·ty noun plural preliabilities
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Word History and Origins

Origin of liability1

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

Now, the GOP is pushing to put corporate liability protections in any follow-up pandemic legislation so that businesses aren’t held responsible if their workers or customers get sick.

From Vox

The cases also shared a common theme of the “host companies” claiming they had no liability since they were not the workers’ direct employers.

While the fire was burning, an attorney for Singh registered a new limited liability company, Regal Rose, at one of Singh’s business addresses.

Prior to joining Google, Delaine Prado practiced media law and product liability law with Philadelphia law firms.

From Fortune

“If Congress extended vaccine liability protections to any institution that requires it, and insulated them, that would change the equation,” he says.

From Ozy

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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liabilitiesliability engineering