liability
176
5.1
- noun
- /ˌlaɪəˈbɪlɪti/
- Specialized
:
responsabilidad
- Incredibly, many cloud providers now limit or simply disclaim any liability for data that is stolen.
- liability insurance
- assets and liabilities
- product liability
When people put money in the bank, it's a liability for the bank.
- When people put money in the bank, it's a liability for the bank.
- Let's do one bill that handles unemployment liability and credits for schools.
- We didn't have the risk or the liability of a flip.
- law that Shields social media companies from liability over content their users post.
- As you can imagine, they're very concerned about this new brand new liability that that this law would create for them.
- Let's talk about the criminal liability of little Kevin McAllister, AKA The Puppet Master.
- OK, So these are the people that are covered as being released, you have no further liability.
- He says that your own home is a liability, therefore you should rent your own home, not buy it.
Examples
-
In any case, it is important to be aware of the liability issues that accompany programs like this.
Academic text (2013) -
There's a liability issue, and I'm afraid the board has already passed the motion.
-
So it was a liability for the business.
-
When people put money in the bank, it's a liability for the bank.
-
Would you be interested in purchasing liability insurance?
-
Several programs also have liability insurance for their volunteers, in case there is ever a problem.
Academic text (2013) -
Great attention should be paid when attributing liability to the parent company.
Academic text (2017) -
You know, you'll find that your mortgage is your liability, but it's the bank's asset.
-
Life insurance companies are big holders of bonds too, which they use to back liabilities like pension obligations.
-
When starting a new company, it's important to understand your financial liability in case things don't go as planned.
Synonyms
∞
2.7
A duty to do something and answer for what you do
136
3.8
A formal legal or financial promise to do what an agreement says, often with a penalty if not kept
5
7.0
Owing money to another person or company
4
4.5
An amount of money someone must pay to another person or company
1
4.8
Money that a person or company owes to others
Antonyms
Compounds
- Specialized
10
5.1
Total amount of tax a person or business must pay to the government
- Specialized
6
3.7
A plan that pays money when you hurt other people or damage their things
- Specialized
4
4.4
Owners are responsible for a company's debts only up to the money they invested
- Specialized
1
8.6
A possible future payment a business may have to make if an event happens
- Formal
Two or more people are each responsible for the same debt and may have to pay it
How Binding
- Specialized
176
5.1
∞
2.6
- Formal
136
3.8
∞
2.8
- Formal
∞
1.4
203
3.7
Surface Forms
Morphology
Etymology
Liability comes from an old root lig- meaning 'to bind', the same idea behind oblige. So a legal or financial liability is something that 'binds' you to pay or take responsibility.