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potential liability

potential liability

2 6.5
Someone or something that may cause harm in the future
  • noun
  • /pəˈtɛnʃəl laɪəˈbɪləti/
  • Jargon
translation icon : responsabilidad potencial
  • In some instances, innovation in products and services is leading to some judicial scrutiny and potential liability based on our legal discovery principles.
  • minimize potential liability
  • reduces potential liability
  • potential liability for business owners

Examples

  • The significant costs and potential liabilities of the SEC's rules do not justify the relatively small access.

    Academic text (2017)
  • The damage had been done, however; from then on, the company labeled Hirose as a potential liability.

    Fiction book (2001)
  • Thus, the potential liability and workers' compensation issues are enormous.

    Academic text (1998)
  • Unfortunately, given the newness of these laws, the extent of potential liability for business owners is still unknown.

    Academic text (1996)
  • Disclosing a computer intrusion can also save a company from significant potential liability, experts point out.

    Academic text (2003)
  • By implication, this also means that any person dealing with a toxic substance has potential liability exposure.

    Academic text (1992)
  • Part II examines the potential liability of Canadian companies for the cleanup of hazardous waste sites in the United States.

    Academic text (1992)
  • The act also expanded potential liability for employers, service providers, and carriers that transmit or otherwise make available restricted communications.

    Academic text (1997)
  • By being aware of these exposures, potential liabilities can be minimized through the implementation of effective loss control techniques.

    Academic text (1996)
  • Schools have quit being travel agents because of the potential liability involved in unexpected injuries during trips.

Synonyms

danger
vspotential liability
1.0

A chance that people or things will be harmed

includes nonphysical risks and future disadvantages rather than immediate harm
hazard
vspotential liability
154 3.4

Something that can cause harm or danger

focuses more on future loss or disadvantage rather than physical harm
liability
vspotential liability
95 5.7

A person or thing that causes problems or puts someone at a disadvantage

refers to a possible future source of loss or disadvantage

Antonyms

770 3.5

A useful quality, skill, or person that helps someone succeed

How Risky

liability
95 5.7
potential liability
  • Jargon
2 6.5

Surface Forms

Morphology

potential + liability

The phrase is compositionally built from 'potential' (possible, not yet actual) + 'liability' (a disadvantage, obligation or source of risk), so its meaning 'a possible risk or disadvantage' is directly derivable from the parts. This adjective+noun pattern is cross-linguistically common, so a B1 learner who knows both words will grasp the general sense (though they might not know specialized legal/accounting nuances).

Etymology

The phrase potential liability comes from the word potential, meaning 'possible in the future', and liability, meaning 'a burden or something that can cause trouble or a cost'. So, potential liability is used for a person or thing that might become 'a problem, risk, or loss' later.