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liability
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As a noun, liability means an obligation, debt or responsibility owed to someone.
Meanings of liability
8 meaningsnoun
An obligation, debt or responsibility owed to someone.
accountingAny item recorded on the right-hand side of a balance sheet.
A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; an individual or action that exposes others to greater risk.
informalmildly derogatoryA person on a team that is more of a hindrance than a help.
“You're a bloody liability sometimes!”
The likelihood of something happening.
The condition of being susceptible to something.
The state of being legally obliged and responsible
An obligation to pay money to another party
Similar: indebtedness, financial obligation
Meanings from Wiktionary (CC BY-SA 4.0) and Open English WordNet (CC BY 4.0).