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1. Dictionary

   Li·a·bil·i·ty

   /ˌlīəˈbilədē/

   

   noun

   • 1. the state of being responsible for something, especially by law: "the partners accept unlimited liability for any risks they undertake" Similar accountabilityresponsibilitylegal responsibilityanswerabilityincriminationblameblameworthinessculpabilityguiltonusfaultinformal:the rapOpposite immunity
   • ▪ a thing for which someone is responsible, especially a debt or financial obligation: "valuing the company's liabilities and assets" Similar financial obligationdebtindebtednessdebitdebtsarrearsduesOpposite asset
   • 2. a person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage: "he has become a political liability" Similar hindranceencumbranceburdenhandicapnuisanceinconvenienceobstacleimpedimentdrawbackdragdisadvantageweaknessshortcomingproblemweak spot/pointmillstone around one's neckstumbling blockcross to bearcrossalbatrossAchilles heeldisbenefitinformal:minusfly in the ointmentarchaic:cumberOpposite assetadvantage

   Scrabble Points: 14

   • L

     1

   • I

     1

   • A

     1

   • B

     3

   • I

     1

   • L

     1

   • I

     1

   • T

     1

   • Y

     4

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2. www.merriam-webster.com › dictionary › liabilityLiability Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › liability

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   The meaning of LIABILITY is the quality or state of being liable. How to use liability in a sentence.

3. dictionary.cambridge.org › us › dictionaryLIABILITY | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › us › dictionary

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   the responsibility of a person, business, or organization to pay or give up something of value: [ U ] He denies any liability in the accident. [ C usually pl ] The business has liabilities of $5 million. A liability is also anything that hurts your chances of success or that causes difficulties:

4. dictionary.cambridge.org › dictionary › englishLIABILITY | English meaning - Cambridge Dictionary

   dictionary.cambridge.org › dictionary › english

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   LIABILITY definition: 1. the fact that someone is legally responsible for something: 2. debts: 3. something or someone…. Learn more.

5. www.dictionary.com › browse › liabilityLIABILITY Definition & Meaning | Dictionary.com

   www.dictionary.com › browse › liability

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   Liability definition: moneys owed; debts or pecuniary obligations (opposed to assets).. See examples of LIABILITY used in a sentence.

6. www.thefreedictionary.com › liabilityLiability - definition of liability by The Free Dictionary

   www.thefreedictionary.com › liability

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   n. pl. li·a·bil·i·ties. 1. The state of being liable. 2. a. Something for which one is liable; an obligation, responsibility, or debt. b. liabilities The financial obligations entered in the balance sheet of a business enterprise. 3. Something that holds one back; a handicap.

7. www.investopedia.com › terms › lLiability: Definition, Types, Example, and Assets vs. Liabilities

   www.investopedia.com › terms › l

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   Feb 25, 2024 · A liability is something a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or...

8. www.oxfordlearnersdictionaries.com › definition › englishliability noun - Definition, pictures, pronunciation and usage...

   www.oxfordlearnersdictionaries.com › definition › english

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   noun. /ˌlaɪəˈbɪləti/ (plural liabilities) [uncountable] the state of being legally responsible for something. liability (for something) The company cannot accept liability for any damage caused by natural disasters. liability to somebody The company has liabilities to its employees.

9. dictionary.justia.com › liabilityliability Definition, Meaning & Usage | Justia Legal Dictionary

   dictionary.justia.com › liability

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   An obligation or burden one is bound to, legally or morally. A monetary obligation that needs to be fulfilled in the future. The state of being obligated to answer to someone else through legal means or sanctions.

10. dictionary.cambridge.org › dictionary › learner-englishLIABILITY | meaning - Cambridge Learner's Dictionary

    dictionary.cambridge.org › dictionary › learner-english

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    LIABILITY definition: 1. legal responsibility for something: 2. someone or something that is likely to cause you a lot…. Learn more.

11. www.britannica.com › dictionary › liabilityLiability Definition & Meaning | Britannica Dictionary

    www.britannica.com › dictionary › liability

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    LIABILITY meaning: 1 : the state of being legally responsible for something the state of being liable for something; 2 : something (such as the payment of money) for which a person or business is legally responsible usually plural.