liability (noun)

  • 21liability — I (New American Roget s College Thesaurus) Responsibility Nouns 1. liability, liableness, responsibility, possibility, probability, contingency, susceptibility; duty; liabilities, debts (see debt); drawback (see hindrance). See tendency. 2.… …

    English dictionary for students

  • 22liability — /laɪəˈbɪləti / (say luyuh biluhtee) noun (plural liabilities) 1. an obligation, especially for payment; debt or pecuniary obligations (opposed to asset). 2. something disadvantageous. 3. the state or fact of being liable: liability to jury duty;… …

  • 23liability — [ˌlaɪəˈbɪləti] noun 1) [U] legal responsibility for causing damage or injury, or for paying something 2) [C] someone or something that causes problems for someone …

    Dictionary for writing and speaking English

  • 24liability insurance — /laɪəˈbɪləti ɪnˌʃɔrəns/ (say luyuh biluhtee in.shawruhns) noun insurance providing the insured with protection against the consequences of being held legally liable for loss, damage or injury to others …

  • 25employer liability — ➔ liability * * * employer liability UK US (also employers liability) noun [U] INSURANCE, HR ► legal responsibility for any problems, accidents, or mistakes that your employees make while working for you: »Employer liability could become an issue …

    Financial and business terms

  • 26contingent liability — noun : an amount that may or may not be owed dependent on the outcome of a contingency (as a discounted note receivable) * * * a liability dependent upon the occurrence of a particular event, as default by the maker of a guaranteed loan. * * *… …

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  • 27limited liability — noun The liability of an owner or a partner of a company for no more capital than they have invested. See Also: no liability …

    Wiktionary

  • 28accrued liability — noun : the portion of an accruing liability that has become definitely ascertainable and chargeable though actual payment thereof is not yet due * * * the amount of liability accumulated at a given time but not yet paid …

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  • 29employer's liability insurance — noun : insurance against loss an employer may suffer from his common law liability for injury to an employee excluding liability imposed by a workmen s compensation act …

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  • 30limited-liability company — noun see limited company * * * limited company or limˈited liabilˈity company noun One whose owners have liability for its debts, etc only according to their financial stake in it • • • Main Entry: ↑limit …

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