Pronunciation: /laɪ.əˈbɪl.ə.ti/
noun the state of being responsible for something, especially by law
A1 Having a pet can be a liability if you are not prepared for the responsibility.
A2 Renting a car can come with the liability of paying for any damages.
B1 Business owners need to be aware of their liability for any accidents that occur on their property.
B2 Investors must consider the potential liability of a company before deciding to invest.
C1 The company's liability insurance protected them from any legal claims made by customers.
C2 The lawyer advised her client on how to minimize his liability in the upcoming lawsuit.
adjective pertaining to legal responsibility or obligation
A1 Having a pet can be a liability if you don't have enough time to take care of it.
A2 Not having insurance can be a liability if something goes wrong.
B1 The company's outdated technology is a liability in today's competitive market.
B2 The lack of proper training for employees is a liability for the company.
C1 The company's failure to comply with regulations has become a liability in recent years.
C2 The CEO's controversial statements have become a liability for the company's reputation.
formal The company must disclose all potential liability in its financial statements.
informal If you break that vase, you'll be liable for it.
slang Don't be a liability at the party and drink responsibly.
figurative His lack of punctuality is a liability in this fast-paced industry.
liabilities
more liable
most liable
liabilities
will be liable
have been liable
is being liable
liability
liable
to be liable
liabling
liable