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  1. Dictionary
    liability
    /ˌlʌɪəˈbɪlɪti/

    noun

    More definitions, origin and scrabble points

  2. LIABILITY definition: 1. the fact that someone is legally responsible for something: 2. debts: 3. something or someone…. Learn more.

  3. the responsibility of a person, business, or organization to pay or give up something of value: [ U ] He denies any liability in the accident. [ C usually pl ] The business has liabilities of $5 million. A liability is also anything that hurts your chances of success or that causes difficulties:

  4. LIABILITY definition: 1. legal responsibility for something: 2. someone or something that is likely to cause you a lot…. Learn more.

  5. 1. a. : the quality or state of being liable. was cleared of liability for the accident. b. : probability. 2. : something for which one is liable. especially : pecuniary obligation : debt usually used in plural. business assets and liabilities. 3. : one that acts as a disadvantage : drawback.

  6. Jun 28, 2024 · A liability is anything you owe to another individual or an entity such as a lender or tax authority. The term can also refer to a legal obligation or an action you’re...

  7. noun. /ˌlaɪəˈbɪləti/ (plural liabilities) [uncountable] the state of being legally responsible for something. liability (for something) The company cannot accept liability for any damage caused by natural disasters. liability to somebody The company has liabilities to its employees.

  8. If you say that someone or something is a liability, you mean that they cause a lot of problems or embarrassment. Team-mates and coach began to see him as a liability. What was once a vote-catching policy is now a political liability. Synonyms: disadvantage, burden, drawback, inconvenience More Synonyms of liability.

  9. Liability definition: moneys owed; debts or pecuniary obligations (opposed to assets).. See examples of LIABILITY used in a sentence.

  10. LIABILITY meaning: 1 : the state of being legally responsible for something the state of being liable for something; 2 : something (such as the payment of money) for which a person or business is legally responsible usually plural

  11. liability meaning, definition, what is liability: legal responsibility for something, espe...: Learn more.