liability (noun)
11liability — noun (plural ties) Date: 1705 1. a. the quality or state of being liable b. probability 2. something for which one is liable; especially pecuniary obligation ; debt usually used in plural 3. one that acts as a disadvantage ; …
12liability — noun (plural liabilities) 1》 the state of being liable. 2》 a thing for which someone is liable, especially a financial obligation. 3》 a person or thing likely to put one at a disadvantage …
13Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …
14liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …
15limited liability — noun the liability of a firm s owners for no more than the capital they have invested in the firm • Hypernyms: ↑indebtedness, ↑liability, ↑financial obligation * * * noun 1. : the liability of shareholders in a corporation or a limited company 2 …
16liability insurance — Insurance that protects a party from various types of claims. Typically liability insurance protects the insured from losses resulting from property damage claims or from bodily injury claims. Construction lenders usually require contractors to… …
17liability — li|a|bil|i|ty [ ,laıə bıləti ] noun ** 1. ) uncount legal responsibility for causing damage or injury, or for paying something: liability for: The company accepts no liability for delays caused by bad weather. liability to: Being unemployed does… …
18liability */*/ — UK [ˌlaɪəˈbɪlətɪ] / US noun Word forms liability : singular liability plural liabilities 1) [uncountable] legal responsibility for causing damage or injury, or for paying something liability for: The company accepts no liability for delays caused …
19liability — /ˌlaɪə bɪlɪti/ noun a legal responsibility for damage or loss, etc. ● The brand name has become a liability to the company. ♦ to accept liability for something to agree that you are responsible for something ♦ to refuse liability for something to …
20liability — /ˌlaɪə bɪlɪti/ noun 1. a legal responsibility for damage, loss or harm ● The two partners took out insurance to cover employers’ liability. ♦ to accept liability for something to agree that you are responsible for something ♦ to refuse liability… …
