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Meaning of liability
The state of being responsible for something, especially a debt or a problem.
Etymology of liability
The word "liability" originates from the Latin "liabilis," meaning "bound" or "obliged," which is derived from "ligare," meaning "to bind"
Historically, the term has been used in legal and financial contexts to describe a state of being responsible or accountable for something
Synonyms
responsibility
obligation
burden
debt
duty
accountability
blame
fault
guilt
obligation
onus
encumbrance
hindrance
impediment
drawback
disadvantage
handicap
shortcoming
weakness
vulnerability
risk
threat
danger
peril
hazard
menace
pitfall
snag
defect
flaw
imperfection
failing
blemish
stigma
discredit
reproach
shame
discredit
discreditability
culpability
answerability
Definitions
- A person or thing whose presence or behavior is likely to cause problems or disadvantages
- * A debt or financial obligation
- * A person for whom someone is responsible, such as a child or dependent
Usage Examples
- The company's financial liability for the damages was significant
- * The new employee was a liability to the team due to their lack of experience
- * The driver's liability insurance covered the costs of the accident