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View synonyms for

liability

[ lahy-uh-bil-i-tee ]

noun

plural liabilities.
  1. liabilities,
    1. Finance. moneys owed; debts or pecuniary obligations ( assets ).
    2. Accounting. liabilities as detailed on a balance sheet, especially in relation to assets and capital.
  2. something disadvantageous:

    His lack of education is his biggest liability.

  3. Also ···Ա [] the state or quality of being liable:

    liability to disease.



liability

/ ˌɪəˈɪɪɪ /

noun

  1. the state of being liable
  2. a financial obligation
  3. a hindrance or disadvantage
  4. 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

liability

  1. An obligation or debt .
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Other Word Forms

  • ԴDz·····ٲ noun plural nonliabilities
  • ·····ٲ noun plural preliabilities
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Word History and Origins

Origin of liability1

First recorded in 1785–95; li(able) + -ability
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Example Sentences

Examples have not been reviewed.

"Are you concerned that you may be a liability for your party?"

From

The second single largest liability of $462 million facing Musk also involved Tesla.

From

A statement with the settlement expressed regret on his part - but contained no admission of liability or an apology.

From

The prince, who has denied all claims against him, reached an out-of-court settlement with her in 2022 which contained no admission of liability or apology.

From

As of January, the company faced total current liabilities of more than $426 million.

From

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liabilitiesliability engineering