Liability

[laɪə'bɪlɪtɪ] or ['laɪə'bɪləti]

Definition

(noun.) the quality of being something that holds you back.

(noun.) the state of being legally obliged and responsible.

Editor: Rufus--From WordNet

Definition

(n.) The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law.

(n.) That which one is under obligation to pay, or for which one is liable.

(n.) the sum of one's pecuniary obligations; -- opposed to assets.

Typist: Randall

Synonyms and Synonymous

n. [1]. Responsibility, accountableness, accountability, bounden duty.[2]. Exposedness.

Typed by Eliza

Examples

Checker: Pamela

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