English Explanatory Dictionary

liability

English dictionary entry

Meanings

noun
  1. An obligation, debt or responsibility owed to someone.
  2. Any kind of debt recorded on the right-hand side of a balance sheet.
  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.
  4. A person on a team that is more of a hindrance than a help.
  5. The likelihood of something happening.
  6. The condition of being susceptible to something.

Pronunciation

/laɪəˈbɪlɪti/ en-us-liability.ogg

Word forms

liability liabilities

Etymology

From liable + -ity.

Antonyms

asset

Derived words

alternative liability chancel repair liability current liability enterprise liability imputed liability liability insurance limited-liability limited liability limited liability company no liability nonliability private limited liability company public limited liability company secondary liability strict liability vicarious liability

Translations

Bulgarian: задължение Bulgarian: отговорност Finnish: velvollisuus Finnish: taakka Finnish: rasite German: Verbindlichkeit German: Verpflichtung German: Verantwortung German: Nachteil German: Hindernis German: Handicap Hungarian: felelősség Hungarian: kötelezettség Hungarian: felelősségvállalás Hungarian: kötelezettségvállalás Hungarian: teher Hungarian: tehertétel Hungarian: baj Hungarian: gond Hungarian: nehézség Hungarian: hátrány Malayalam: ബാധ്യത Māori: kawenga (a te ture) Spanish: lastre Spanish: estorbo Spanish: rémora
This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.
Back to search All on L Russian dictionary Dahl dictionary