Liability

Quick meaning: Liability is a noun meaning An obligation, debt or responsibility owed to someone.

Meaning

An obligation, debt or responsibility owed to someone.

More Meanings

1. The likelihood of something happening.
2. The condition of being susceptible to something.
3. 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.

Example Sentences

Those products – known as liability-driven investing, or LDIs – help offset liabilities and risks on pension funds’ books.

"I was to say that Maw and Meggins disclaim all responsibility," continued the other. "They admit no liability at all, but in consideration of your son's services they wish to present you with a certain sum as compensation."

Asked if at some point Huma becomes a liability to Hillary, the long-term Clinton insider replies, “It’s like anything else. I don’t think so, but you know I don’t have any idea. Hillary is very loyal, but she’s obviously pragmatic.”

Word Forms

• liabilities

Synonyms for liability

Depending on context, synonyms include indebtedness.

Antonyms for liability

Common opposites include plus, asset.

Related Words

Related dictionary entries include indebtedness, dette, debt, obligation, prosecution, duty.

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