Liability
noun
The state of being responsible for something, especially by law.
The company is under no legal liability to compensate you

Often appears as...
- assume liability
- legal liability
Usage tips
Legal
noun
A person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage.
Your erratic attendance could become a liability

Often appears as...
- financial liability
- potential liability
noun
The amount of money that a company or person owes to others.
The company has liabilities of $10 million

Often appears as...
- long-term liabilities
- current liabilities
Usage tips
Financial
noun
An obligation, such as a legal or monetary debt.
He got into a liability of $50000 due to credit card loans

Often appears as...
- joint liability
- legal liability
noun
The state of being responsible for something, especially by law.
The company is under no legal liability to compensate you

Often appears as...
- assume liability
- legal liability
Usage tips
Legal
noun
A person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage.
Your erratic attendance could become a liability

Often appears as...
- financial liability
- potential liability
noun
The amount of money that a company or person owes to others.
The company has liabilities of $10 million

Often appears as...
- long-term liabilities
- current liabilities
Usage tips
Financial
noun
An obligation, such as a legal or monetary debt.
He got into a liability of $50000 due to credit card loans

Often appears as...
- joint liability
- legal liability
Definition 1 of 4

Legal Significance
In law, liability comes with consequences. It means owing a duty that, if unmet, can lead to lawsuits or penalties.

If they prove negligence, you might face legal liability.
Not Always Negative
'Liability' sounds negative but in legal terms, it simply refers to a bound duty or obligation, not a fault.

As a director, she accepted her liability for the company's actions.
Beyond Money
Liability isn't just about financial responsibilities; it covers any legal responsibility, like safety obligations.

The landlord has liability for tenant's safety.
Legal Significance
In law, liability comes with consequences. It means owing a duty that, if unmet, can lead to lawsuits or penalties.

If they prove negligence, you might face legal liability.
Not Always Negative
'Liability' sounds negative but in legal terms, it simply refers to a bound duty or obligation, not a fault.

As a director, she accepted her liability for the company's actions.
Beyond Money
Liability isn't just about financial responsibilities; it covers any legal responsibility, like safety obligations.

The landlord has liability for tenant's safety.
Legal Significance
In law, liability comes with consequences. It means owing a duty that, if unmet, can lead to lawsuits or penalties.

If they prove negligence, you might face legal liability.
Not Always Negative
'Liability' sounds negative but in legal terms, it simply refers to a bound duty or obligation, not a fault.

As a director, she accepted her liability for the company's actions.
Beyond Money
Liability isn't just about financial responsibilities; it covers any legal responsibility, like safety obligations.

The landlord has liability for tenant's safety.
Video examples
How state budgets are...
is not because of that most of it is because of ways that the liabilities are building up and the trends and that creates a huge challenge in fact this is the forecast picture there's various things in here I could say you know we might raise more revenue or medical innovation will make the
Video examples
Ami Klin: A new way to...
to a syndrome that has some homogeneity? And the answer is what lies in between, which is development. And in fact, we are very interested in those first two years of life, because those liabilities don't necessarily convert into autism. Autism creates itself.
Video examples
Emily Ainsworth: Inside...
seemed rare for a week to go by without a colossal scandal that would shake the world of the circus and I had to find myself a boyfriend because otherwise the girls were considered me a liability like Perla here and the guy from the circus would
Video examples
Avi Rubin: All your...
pumped blood from an aorta to another part of the heart, and as you can see at the bottom there, it was controlled by a computer controller, and if you ever thought that software liability was very important, get one of these inside of you.
Video examples
James Rhee: The value of...
Because you see, what kindness does, it distributes the joy, actually, of problem-solving to everyone. It creates a safe environment that unleashes innovation, especially the unselfish kind. And it turns perceived liabilities into assets,
Video examples
What baby boomers can...
For many of us in midlife, this isn't just a feeling, it is a harsh reality, when we suddenly lose our job and the phone stops ringing. For many of us, justifiably, we worry that people see our experience as a liability, not an asset.
Video examples
Pulling back the curtain...
state owned corporation and its debt and then lastly not a direct debt of the country but it's the contingent liabilities which we saw in the recent crisis is very important the too big to fail those institutions in a country
Video examples
How state budgets are...
Most of it is because of ways that the liabilities are building up and the trends, and that creates a huge challenge. In fact, this is the forecast picture. There are various things in I could say we might raise more revenue,
Video examples
How education helped me...
a world where a girl like me is no longer a liability or a burden but a person of use, a person of value and a person of worthiness. By the time my fellowship ended, my life had changed.
Video examples
Hunting Lesson PIPE...
only her tail betrays her emotion now even padded souls are a liability she turns her foot fur is quarter in her
Video examples
How state budgets are...
is not because of that most of it is because of ways that the liabilities are building up and the trends and that creates a huge challenge in fact this is the forecast picture there's various things in here I could say you know we might raise more revenue or medical innovation will make the
Video examples
Ami Klin: A new way to...
to a syndrome that has some homogeneity? And the answer is what lies in between, which is development. And in fact, we are very interested in those first two years of life, because those liabilities don't necessarily convert into autism. Autism creates itself.
Video examples
Emily Ainsworth: Inside...
seemed rare for a week to go by without a colossal scandal that would shake the world of the circus and I had to find myself a boyfriend because otherwise the girls were considered me a liability like Perla here and the guy from the circus would
Video examples
Avi Rubin: All your...
pumped blood from an aorta to another part of the heart, and as you can see at the bottom there, it was controlled by a computer controller, and if you ever thought that software liability was very important, get one of these inside of you.
Video examples
James Rhee: The value of...
Because you see, what kindness does, it distributes the joy, actually, of problem-solving to everyone. It creates a safe environment that unleashes innovation, especially the unselfish kind. And it turns perceived liabilities into assets,
Video examples
What baby boomers can...
For many of us in midlife, this isn't just a feeling, it is a harsh reality, when we suddenly lose our job and the phone stops ringing. For many of us, justifiably, we worry that people see our experience as a liability, not an asset.
Video examples
Pulling back the curtain...
state owned corporation and its debt and then lastly not a direct debt of the country but it's the contingent liabilities which we saw in the recent crisis is very important the too big to fail those institutions in a country
Video examples
How state budgets are...
Most of it is because of ways that the liabilities are building up and the trends, and that creates a huge challenge. In fact, this is the forecast picture. There are various things in I could say we might raise more revenue,
Video examples
How education helped me...
a world where a girl like me is no longer a liability or a burden but a person of use, a person of value and a person of worthiness. By the time my fellowship ended, my life had changed.
Video examples
Hunting Lesson PIPE...
only her tail betrays her emotion now even padded souls are a liability she turns her foot fur is quarter in her
Example 1 of 10
Quote examples
Herbert Hoover
American President
The great liability of the engineer compared to men of other professions is that his works are out in the open where all can see them. His acts, step by step, are in hard substance. He cannot bury his mistakes in the grave like the doctors. He cannot argue them into thin air or blame the judge like the lawyers.

Quote examples
Kresley Cole
American Novelist
One of my favorite things to do is formulate powers for a character, then come up with their corresponding weaknesses and liabilities. And I delight in world-building: melding the supernatural with the natural, then tweaking and polishing until it feels organic.

Quote examples
Dennis Cardoza
American Politician
Now is not the time to give greater protections to pharmaceutical companies that put unsafe drugs like Vioxx on the market. Such protections have nothing to do with the liability insurance crisis facing doctors and should be stripped from this bill.

Quote examples
Frank Abagnale
American Celebrity
Banks are so protected from liability they would have to really do something that was their mistake in order for them to be liable for it. Banks don't look at signatures. They're processing millions of checks and they have very little liability.

Quote examples
Inzamam-ul-Haq
Pakistani Coach
The thing that forced me to think about my retirement was that I had played my cricket with honour and distinction, and I did not want to put myself in a position where I was considered a liability or unwanted by the selectors.

Quote examples
Grover Norquist
American Politician
Tax increases slow economic growth. Why would you raise taxes? We need to reform spending, the tens of trillions of unfunded liabilities can never be funded by tax increases, that can only be fixed by reducing spending.

Quote examples
Jeremy Rifkin
American Economist
The public should know that the liability issues here have yet to be resolved, or even raised. If you're a farmer and you're growing a genetically engineering food crop, those genes are going to flow to the other farm.

Quote examples
Katie Pavlich
American Journalist
Just like every other industry, the firearms industry can in fact be sued - a far cry from being immune or 'wholly protected' of any liability.

Quote examples
Michael J. Knowles
American Author
President Trump's greatest political liabilities revolve around questions of personality and character.

Quote examples
Ken Salazar
American Politician
Liability does apply with respect to the amount of the oil spill.

Quote examples
Herbert Hoover
American President
The great liability of the engineer compared to men of other professions is that his works are out in the open where all can see them. His acts, step by step, are in hard substance. He cannot bury his mistakes in the grave like the doctors. He cannot argue them into thin air or blame the judge like the lawyers.

Quote examples
Kresley Cole
American Novelist
One of my favorite things to do is formulate powers for a character, then come up with their corresponding weaknesses and liabilities. And I delight in world-building: melding the supernatural with the natural, then tweaking and polishing until it feels organic.

Quote examples
Dennis Cardoza
American Politician
Now is not the time to give greater protections to pharmaceutical companies that put unsafe drugs like Vioxx on the market. Such protections have nothing to do with the liability insurance crisis facing doctors and should be stripped from this bill.

Quote examples
Frank Abagnale
American Celebrity
Banks are so protected from liability they would have to really do something that was their mistake in order for them to be liable for it. Banks don't look at signatures. They're processing millions of checks and they have very little liability.

Quote examples
Inzamam-ul-Haq
Pakistani Coach
The thing that forced me to think about my retirement was that I had played my cricket with honour and distinction, and I did not want to put myself in a position where I was considered a liability or unwanted by the selectors.

Quote examples
Grover Norquist
American Politician
Tax increases slow economic growth. Why would you raise taxes? We need to reform spending, the tens of trillions of unfunded liabilities can never be funded by tax increases, that can only be fixed by reducing spending.

Quote examples
Jeremy Rifkin
American Economist
The public should know that the liability issues here have yet to be resolved, or even raised. If you're a farmer and you're growing a genetically engineering food crop, those genes are going to flow to the other farm.

Quote examples
Katie Pavlich
American Journalist
Just like every other industry, the firearms industry can in fact be sued - a far cry from being immune or 'wholly protected' of any liability.

Quote examples
Michael J. Knowles
American Author
President Trump's greatest political liabilities revolve around questions of personality and character.

Quote examples
Ken Salazar
American Politician
Liability does apply with respect to the amount of the oil spill.

Example 1 of 10
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