Associations to the word «Liability»

Wiktionary

LIABILITY, noun. The condition of being liable.
LIABILITY, noun. An obligation, debt or responsibility owed to someone.
LIABILITY, noun. A handicap that holds something back.
LIABILITY, noun. The likelihood of something happening.
LIABILITY INSURANCE, noun. Any insurance against a potential loss due to the insured's liability for injury or damage to others.

Dictionary definition

LIABILITY, noun. The state of being legally obliged and responsible.
LIABILITY, noun. An obligation to pay money to another party.
LIABILITY, noun. The quality of being something that holds you back.

Wise words

He who speaks without modesty will find it difficult to make his words good.
Confucius