Meaning Of The Word Liability
What's the definition of Liability? Find Liability meanings, definitions and more at the Real Dictionary online.
Liability Meaning
| Liability Definition |
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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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