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.
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.
Origin of liability
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Related Words for non-liabilityimmunity, exception, exemption, license, permission, liberty, dispensation, privilege, security
Examples from the Web for non-liability
Historical Examples of non-liability
Non-liability to tear the hands, since nearly all surfaces are neatly rounded.The Modern American Pistol and Revolver
A. C. Gould
It cannot too plainly be repeated that non-liability to be sued means non-existence of credit.
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
Online Etymology Dictionary, © 2010 Douglas Harper
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.