- The condition or state of being held legally responsible
- An obligation or burden one is bound to, legally or morally
- A monetary obligation that needs to be fulfilled in the future
- The state of being obligated to answer to someone else through legal means or sanctions
- 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 damages.