Liability - definition, pronunciation, transcription
noun
- an obligation to pay money to another party (syn: indebtedness)
- the quality of being something that holds you back
Extra examples
The company is trying to limit its liability in this case.
...a retired football player whose chief asset—his prodigious girth—has now become a liability...
We assumed full liability for our children's debts.
He denies any liability for the cost of the court case.
He should go because he has become a liability.
Employers saw her age as a liability rather than an asset.
Tenants have legal liability for any damage they cause.
The court ruled there was no liability to pay any refund.
A kid like Tom would be a liability in any classroom.
The outspoken minister has become a liability to the government.
The business has liabilities of 2 million dollars.
Opinion polls show him to be a liability to the Labour Party.
The company admitted the liability but disputed the amount of damages.
Word forms
singular: liability
plural: liabilities
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