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1. Dictionary

   liability

   /ˌlʌɪəˈbɪlɪti/

   noun

   • 1. the state of being legally responsible for something: "once you contact the card protection scheme your liability for any loss ends" Similar accountabilityresponsibilitylegal responsibilityanswerabilityincriminationblameblameworthinessculpabilityguiltonusfaultinformal:the rapOpposite immunity
   • ▪ a thing for which someone is responsible, especially an amount of money owed: "valuing the company's liabilities and assets" Similar financial obligationdebtindebtednessdebitdebtsarrearsduesOpposite asset
   • 2. a person or thing whose presence or behaviour is likely to put one at a disadvantage: "she said the party had become a liability to green politics" Similar hindranceencumbranceburdenhandicapnuisanceinconvenienceobstacleimpedimentdrawbackdragdisadvantageweaknessshortcomingproblemweak spot/pointmillstone round one's neckstumbling blockcross to bearcrossalbatrossAchilles heeldisbenefitinformal:minusfly in the ointmentarchaic:cumberOpposite assetadvantage

   Scrabble Points: 14

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   • I

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2. www.investopedia.com › terms › lLiability: Definition, Types, Example, and Assets vs. Liabilities

   www.investopedia.com › terms › l

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   Feb 25, 2024 · A liability is something a person or company owes, usually a sum of money. Learn about the different types of liabilities, how they are recorded in accounting, and how they differ from assets.

3. dictionary.cambridge.org › dictionary › englishLIABILITY | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   Learn the meaning of liability as a noun in English, with synonyms, collocations, and usage examples. Find out how liability can refer to legal responsibility, debts, or risks in different contexts.

4. Videos

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     2:20

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     Liabilities Definition - What are Liabilities?

     27 Dec 2016

     7.3K views

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     investopedia.com

     Liability: Definition, Types, Example, and Assets vs. Liabilities

     31 Dec 2008

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     1:29

     youtube.com

     What is a Liability? - By Saheb Academy

     27 Dec 2020

     59.2K views

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5. www.merriam-webster.com › dictionary › liabilityLiability Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › liability

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   Learn the various meanings and uses of the word liability, from legal and financial contexts to everyday language. Find synonyms, examples, word history, and related phrases for liability.

6. dictionary.cambridge.org › us › dictionaryLIABILITY | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › us › dictionary

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   Learn the meaning of liability as a noun in different contexts, such as law, finance, and business. Find out how to use liability in sentences and collocations with other words.

7. www.dictionary.com › browse › liabilityLIABILITY Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › liability

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

8. dictionary.cambridge.org › dictionary › learner-englishLIABILITY | meaning - Cambridge Learner's Dictionary

   dictionary.cambridge.org › dictionary › learner-english

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   Learn the meaning of liability as a noun in English, with synonyms and translations. Find out how to use liability in sentences about legal responsibility and trouble.

9. www.oxfordlearnersdictionaries.com › english › liabilityliability noun - Definition, pictures, pronunciation and usage...

   www.oxfordlearnersdictionaries.com › english › liability

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   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.