Dictionary.com

liability

[ lahy-uh-bil-i-tee ]
/ ˌlaɪ əˈbɪl ɪ ti /
Save This Word!
See synonyms for: liability / liabilities on Thesaurus.com

noun, plural li·a·bil·i·ties.
liabilities,
  1. moneys owed; debts or pecuniary obligations (opposed to 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.
QUIZ
SPRINT TO THE FINISH WITH THIS OLYMPICS QUIZ!
Compete in our Olympics quiz to see if you can take home the gold medal in Olympics knowledge.
Question 1 of 10
Where was the Olympics first held?
Meet Grammar CoachWrite or paste your essay, email, or story into Grammar Coach and get grammar helpImprove Your Writing
Meet Grammar CoachImprove Your Writing
Write or paste your essay, email, or story into Grammar Coach and get grammar help

Origin of liability

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

OTHER 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.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

How to use liability in a sentence

British Dictionary definitions for liability

liability
/ (ˌlaɪəˈbɪlɪtɪ) /

noun plural -ties
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

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.
FEEDBACK