liability
liabilities,
Finance. 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 [lahy-uh-buhl-nis]. /ˈlaɪ ə bəl nɪs/. the state or quality of being liable: liability to disease.
Origin of liability
1Other words from liability
- 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.
Words Nearby liability
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use liability in a sentence
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.
Trump’s spent years touting the stock market. At the RNC, he just … didn’t. | Emily Stewart | August 28, 2020 | VoxThe cases also shared a common theme of the “host companies” claiming they had no liability since they were not the workers’ direct employers.
Temp Workers Fight Back Against Alleged Sexual Harassment and Say They Face Retaliation for Doing So | by Melissa Sanchez | August 28, 2020 | ProPublicaWhile the fire was burning, an attorney for Singh registered a new limited liability company, Regal Rose, at one of Singh’s business addresses.
The Mystery House: How a Suspicious Multimillion Dollar Real Estate Deal Is Connected to California’s Deadliest Fire | by Scott Morris, Bay City News Foundation | August 26, 2020 | ProPublicaPrior to joining Google, Delaine Prado practiced media law and product liability law with Philadelphia law firms.
“If Congress extended vaccine liability protections to any institution that requires it, and insulated them, that would change the equation,” he says.
Liberal, Educated … and Anti-Vaxxer: Pandemic Births New Vaccine Doubters | Charu Kasturi | August 25, 2020 | 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 Far-Right Radio Host Who Could Deliver the Senate to the GOP | Ben Jacobs | October 6, 2014 | THE DAILY BEASTThe 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.
Readings in Money and Banking | Chester Arthur PhillipsHe was a large shareholder of the bank, and the liability of the shareholders was unlimited.
Fifty Years of Railway Life in England, Scotland and Ireland | Joseph TatlowA claim barred by the statute of limitations is not provable, nor is a contingent liability.
Putnam's Handy Law Book for the Layman | Albert Sidney BollesIn many states statutes exist defining their right to sue and be sued, and their liability to creditors.
Putnam's Handy Law Book for the Layman | Albert Sidney BollesIn such incompetent hands the malt business soon fell to be a liability rather than an asset.
The Eve of the Revolution | Carl Becker
British Dictionary definitions for liability
/ (ˌlaɪəˈbɪlɪtɪ) /
the state of being liable
a financial obligation
a hindrance or disadvantage
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
Cultural definitions for liability
An obligation or debt.
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.
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