LIABILITY Definition & Meaning - Merriam-Webster
The meaning of LIABILITY is the quality or state of being liable. How to use liability in a sentence.
Understanding Liabilities: Definitions, Types, and Key ...
Aug 19, 2025 · A liability is anything that's borrowed from, owed to, or obligated to someone else. It can be real like a bill that must be paid or potential such as a possible lawsuit.
LIABILITY | English meaning - Cambridge Dictionary
LIABILITY definition: 1. the fact that someone is legally responsible for something: 2. debts: 3. something or someone…. Learn more.
What Is Liability? | Strict Liability, Vicarious Liability & More
Jun 26, 2025 · What Is Liability? Liability refers to one party’s legal responsibility for their actions or omissions, which have harmed or damaged another party. This responsibility is assessed based on …
LIABILITY Definition & Meaning | Dictionary.com
LIABILITY definition: liabilities, See examples of liability used in a sentence.
Liability - definition of liability by The Free Dictionary
a. moneys owed; debts or pecuniary obligations (opposed to assets). b. liabilities as detailed on a balance sheet, esp. in relation to assets and capital. 2. something disadvantageous: His lack of funds …
LIABILITY definition and meaning | Collins English Dictionary
If you say that someone or something is a liability, you mean that they cause a lot of problems or embarrassment. Team-mates and coach began to see him as a liability. What was once a vote …
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