Meaning Of The Word Liability

Real Dictionary
  1. Real Dictionary
  2. L Words Definitions
  3. Section L-112
  4. Liability

What's the definition of Liability? Find Liability meanings, definitions and more at the Real Dictionary online.

Liability Meaning

Liability Definition
Liability Definition

What's The Definition Of Liability?

liability
A company's or organization's liabilities are the sums of money which it owes.
If you say that someone or something is a liability, you mean that they cause a lot of problems or embarrassment.

liability in American English
the state of being liable
noun

liability in British English
noun: the state of being liable

liability in Hospitality
noun: Liability is legal responsibility for something.

liability in Insurance
noun: Liability is legal responsibility for paying money for damage or injury.

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