noun, plural li·a·bil·i·ties.
- moneys owed; debts or pecuniary obligations (opposed to assets).
- Accounting. liabilities as detailed on a balance sheet, especially in relation to assets and capital.
Examples from the Web for non-liability
It cannot too plainly be repeated that non-liability to be sued means non-existence of credit.Marriage, As It Was, As It Is, And As It Should Be|Annie Besant
Non-liability to tear the hands, since nearly all surfaces are neatly rounded.The Modern American Pistol and Revolver|A. C. Gould
British Dictionary definitions for non-liability
noun plural -ties
Word Origin and History for non-liability
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.
Culture definitions for non-liability
An obligation or debt.