liability
/laɪəˈbɪlɪti/ noun
Forms liabilities
- noun An obligation, debt or responsibility owed to someone.
- noun (accounting) Any kind of debt recorded on the right-hand side of a balance sheet.
- noun A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; a person or action that exposes others to greater risk.
- noun (informal, mildly derogatory) A person on a team that is more of a hindrance than a help. “You're a bloody liability sometimes!”
- noun The likelihood of something happening.
- noun The condition of being susceptible to something.
Synonyms
Antonyms
Webster’s 1913
- noun The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law.
- noun That which one is under obligation to pay, or for which one is liable. Specifically, in the pl.,
Sources: Wiktionary · WordNet 3.0 · Webster’s 1913 — from the Wiktionary entry “liability”, CC BY-SA 4.0. Details