
LIABILITY Definition & Meaning - Merriam-Webster
The meaning of LIABILITY is the quality or state of being liable. How to use liability in a sentence.
Understanding Liabilities: Definitions, Types, and Key Differences From ...
Aug 19, 2025 · A liability is anything that's borrowed from, owed to, or obligated to someone else. It can be real like a bill that must be paid or potential such as a possible lawsuit.
LIABILITY Definition & Meaning | Dictionary.com
LIABILITY definition: liabilities, See examples of liability used in a sentence.
liability noun - Definition, pictures, pronunciation and usage notes ...
Definition of liability noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
LIABILITY | definition in the Cambridge English Dictionary
LIABILITY meaning: 1. the fact that someone is legally responsible for something: 2. debts: 3. something or someone…. Learn more.
LIABILITY definition and meaning | Collins English Dictionary
Liability is legal responsibility for paying money for damage or injury. The policy also provides personal liability coverage for damage the policyholder or dependents cause to third parties. An adjuster will …
Liability Definition & Meaning | Britannica Dictionary
LIABILITY meaning: 1 : the state of being legally responsible for something the state of being liable for something; 2 : something (such as the payment of money) for which a person or business is legally …
Liability - definition of liability by The Free Dictionary
Define liability. liability synonyms, liability pronunciation, liability translation, English dictionary definition of liability. n. pl. li·a·bil·i·ties 1. The state of being liable. 2. a. Something for which one is liable; an …
liability | meaning of liability in Longman Dictionary of …
liability meaning, definition, what is liability: legal responsibility for something, espe...: Learn more.
liability Definition, Meaning & Usage | Justia Legal Dictionary
The company's huge debts are a significant liability. An accident caused by faulty equipment can create a liability for the manufacturer. Failure to comply with safety regulations can lead to liability for …