Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • noun The state of being liable.
  • noun Something for which one is liable; an obligation, responsibility, or debt.
  • noun The financial obligations entered in the balance sheet of a business enterprise.
  • noun Something that holds one back; a handicap.
  • noun Likelihood.

from The Century Dictionary.

  • noun The state of being liable through obligation orduty; fixed or contingent responsibility; exposure to that which is or may be required: as, the liability of a principal for his agent's acts.
  • noun The state of being liable incidentally or by chance; exposure to that which is possible or probable; tendency; susceptibility: as, liability to accident or contagion; a physician's liability to broken rest.
  • noun That for which one is liable; that to which one is bound or exposed; a fixed or contingent obligation: as, to incur or assume a heavy liability (as for the payment of a debt or the performance of a service); the assets and liabilities of a bank.

from the GNU version of the Collaborative International Dictionary of English.

  • noun The state of being liable
  • noun That which one is under obligation to pay, or for which one is liable.
  • noun See Limited company, under Limited.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun the condition of being liable
  • noun an obligation, debt or responsibility owed to someone.
  • noun a handicap that holds one back
  • noun the likelihood of something happening

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun the quality of being something that holds you back
  • noun the state of being legally obliged and responsible
  • noun an obligation to pay money to another party

Etymologies

Sorry, no etymologies found.

Examples

Comments

Log in or sign up to get involved in the conversation. It's quick and easy.