liability

pronunciation

How to pronounce liability in British English: UK [ˌlaɪəˈbɪləti]word uk audio image

How to pronounce liability in American English: US [ˌlaɪəˈbɪləti] word us audio image

  • Noun:
    the state of being legally obliged and responsible
    an obligation to pay money to another party
    the quality of being something that holds you back

Word Origin

liability (n.)
1790, originally a term in law; "condition of being legally liable;" see liable + -ity. General sense is from 1809; meaning "thing for which one is liable" is first attested 1842. Related: Liabilities.

Antonym

n.

asset

Example

1. Product liability lawsuits are difficult to bring and win .
2. The focus on liability hedging will increase , he adds .
3. Social security and medicare have a total unfunded liability in excess of $ 100 trillion .
4. The biggest liability is promises made to existing employees .
5. Simple is perhaps it , but simplicity per se is hardly a liability in science .

more: >How to Use "liability" with Example Sentences