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Definition of Liability
1. Noun. The state of being legally obliged and responsible.
Specialized synonyms: Taxability, Ratability, Rateability
Derivative terms: Liable
2. Noun. An obligation to pay money to another party.
Specialized synonyms: Limited Liability, Debt, Arrears, Account Payable, Payable, Scot And Lot
Generic synonyms: Obligation
Derivative terms: Indebted
3. Noun. The quality of being something that holds you back.
Specialized synonyms: Weak Point, Disadvantage
Antonyms: Asset
Derivative terms: Liable
Definition of Liability
1. n. The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law.
Definition of Liability
1. Noun. the condition of being liable ¹
2. Noun. an obligation, debt or responsibility owed to someone. ¹
3. Noun. a handicap that holds one back ¹
4. Noun. the likelihood of something happening ¹
¹ Source: wiktionary.com
Definition of Liability
1. [n -TIES]
Lexicographical Neighbors of Liability
Literary usage of Liability
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1919)
"70), against a stockholder thereof upon his statutory individual liability to
depositors of the bank (Civil Code 1910, § 2270), is the defendant entitled to ..."
2. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1912)
"Their joint liability depends on the fact that the request was joint, ... If EM
Tesson has incurred any liability at all, it can only be on one or the other ..."
3. Supreme Court Reporter by Robert Desty, United States Supreme Court, West Publishing Company (1922)
"The carrier contended that by the terms of the bill of lading It was relieved
from liability. The provision relied upon was the second clause of the last ..."
4. Environmental Performance Reviews by Centre for Co-operation with Non-members (1999)
"Liability for environmental damage at international level Russia has been involved
in a series of environmental liability cases at the international level ..."
5. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1885)
"Where the provision for the liability U coupled with a provision for a special
remedy, ... We agree that the clause creates a liability if taken alone or in ..."
6. The Law Reports by John Fraser Macqueen, Great Britain Parliament. House of Lords (1866)
"Bankruptcy—Premium on policy—Liability to pay money on a contingency— 12 & 13 Viet.
c. 106, *. 178. A covenant to pay recurring premiums on a life policy is ..."
7. Encyclopaedia Britannica: A Standard Work of Reference in Art, Literature (1907)
"The criminal liability of parents and others in loco Pare"lis to provide ...
The purely civil liability for necessaries under implied contracts is of course ..."
8. United States Supreme Court Reports by United States Supreme Court, Lawyers Co-operative Publishing Company (1901)
"It declares that the liability of the owner or owners of any ship ... Test: 2
just as much within the reason of the law as any other liability, ..."
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