• Definition for "liability"
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liability definition

  • noun:
    • their state to be liable.
    • some thing which is why a person is liable; an obligation, responsibility, or debt.
    • The financial obligations registered in stability sheet of a business venture.
    • Something that keeps one straight back; a handicap.
    • Probability.
    • the condition of being liable
    • an obligation, financial obligation or obligation owed to somebody.
    • a handicap that holds one right back
    • the likelihood of anything happening
    • The state of being liable
    • whatever a person is under responsibility to cover, or even for which one is likely.
    • The state of being liable through responsibility orduty; fixed or contingent obligation; contact with what is or might be required: as, the obligation of a principal for their broker's functions.
    • hawaii to be liable incidentally or by opportunity; contact with whatever is achievable or likely; tendency; susceptibility: as, responsibility to accident or contagion; a doctor's obligation to broken sleep.
    • That for which one is liable; that to what type is bound or subjected; a fixed or contingent responsibility: because, to bear or believe much responsibility (are you aware that repayment of a debt or the overall performance of a service); the assets and debts of a bank.
    • the quality of becoming something which holds you straight back
    • the state to be legally bound and responsible
    • an obligation to pay cash to another party
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