Definitions of "liability"
  1. The condition or state of being held legally responsible
  2. An obligation or burden one is bound to, legally or morally
  3. A monetary obligation that needs to be fulfilled in the future
  4. The state of being obligated to answer to someone else through legal means or sanctions
How to use "liability" in a sentence
  1. The company's huge debts are a significant liability.
  2. An accident caused by faulty equipment can create a liability for the manufacturer.
  3. Failure to comply with safety regulations can lead to liability for damages.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z