liability
🇺🇸
/ˌlaɪəˈbɪləti/
🇬🇧
/ˌlaɪəˈbɪləti/
noun
R
being legally responsible for something
The company accepted liability for the accident and paid for the damages.
R
a person or thing that causes problems
His constant mistakes made him a liability to the project team.
R
money that a person or company owes
The business has large tax liabilities that must be paid this year.
translation
being legally responsible for something; a person or thing that causes problems; money that a person or company owes
Word Forms
Plural
liabilities