Definition Synonyms
Definition of liability - Reverso English Dictionary
Noun
1.
burdenperson or thing that causes problems
- His unpredictable behavior is a liability to the team.
2.
legalTECH. state of being legally responsibleTECH.
- The company accepted liability for the accident.
3.
financeTECH. obligation or debt owed to someoneTECH.
- The company has significant liabilities on its balance sheet.
Expressions with liability
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start causing problems or being a disadvantage
He began to become a liability to the team.
formally refuse responsibility for possible harm or loss
The company accept no liability for lost items.
cause problems or difficulties
His constant lateness can be a liability to the team.
formally deny any responsibility for possible harm, loss or claims
The company will disclaim all liability for damage caused by misuse.
not being a disadvantage or burden
His lack of experience was no liability in the interview.
responsibility recognized by law to answer for actions or pay damages
The company faced legal liability for the environmental damage it caused.
legal responsibility for harm or damage suffered by members of the public
The company faced public liability after the accident outside its store.
statement saying someone is not legally responsible for possible harm
The website includes a disclaimer of liability for user-posted content.
legal responsibility of a person to pay debts or damages from own resources
Partners in the firm have unlimited personal liability for its debts.
amount of money already owed for past costs but not yet paid
The accountant recorded an accrued liability for the unused employee vacation days.
insurance that covers legal responsibility to pay for harm to others
Civil liability insurance is required for all registered vehicles here.
legal responsibility to do something or pay money because of a contract
The company faced contractual liability after failing to deliver the goods on time.
financial obligation due within one year
The company listed its current liability on the balance sheet.
legal responsibility for harm to nature including related cleanup or compensation costs
The company faced significant environmental liability after the chemical spill.
additional duty to pay money or accept legal responsibility beyond an amount
Shareholders had no further liability after paying for their shares.
legal responsibility shared by two or more parties
The partners have joint liability for the loan.
planned actions to control debts and other financial obligations
The company improved its credit rating through careful liability management.
legal responsibility for harm caused by mistakes in professional services or advice
Doctors face significant professional liability for errors in patient treatment.
financial obligation due within one year
The company listed its short-term liabilities in the report.
legal responsibility for harm even when no mistake or intent is proven
The company faced absolute liability for the environmental damage.
potential financial obligation based on future events
The company disclosed a contingent liability in its financial report.
legal responsibility of an employer for employees' actions
The company faced employer liability for the worker's accident.
insurance that pays if workers are hurt or sick at work
The company bought employer's liability insurance for all employees.
assign legal responsibility to someone or something
The court may impute liability to the company.
Origin of liability
Latin, ligare (to bind) + -ability (suffix)
Terms with liability included in their meaning
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liability coverage
policy for covering car-related liabilities
not obligated
not subject to an obligation or liability
insurance
policy offering liability coverage for home accidents
calculation
rate used to calculate tax liability
legal
legal document outlining ownership and rules for a limited liability company
business
type of company with limited liability
tenant coverage
insurance for a renter against liability
business owner
business owned and run by one person with full liability
finance
reduction in tax liability for specific activities
legal
legal arguments proving someone's guilt or liability
protection
law protecting helpers from legal liability
liability
act of becoming subject to something undesirable
legal
legal provision protecting from liability
business type
business owned by one person with unlimited liability
finance
financial benefit reducing tax liability
accounting
accounting liability account showing unpaid taxes owed at a date
liability
signed to assume liability
savings
accumulate money for a specific liability
business term
company whose owners have restricted financial liability
expected tax
taxpayer's expected tax liability for the year
finance
release from a liability or tax
abr: Limited
used after company names for limited liability
liability release
document releasing someone from liability
legal
legal argument that negates liability despite the act
Examples of liability in a sentence
His lack of experience is a liability in negotiations. The court ruled on the liability of the defendant. Insurance covers liability for property damage. The liabilities were settled after the merger. His personal liabilities exceeded his assets.
View all translations of liability
Click below to see the appropriate translations facing each meaning.
- French:fardeau, responsabilité, ...
- German:Belastung, Haftung, ...
- Italian:peso, responsabilità, ...
- Spanish:carga, responsabilidad, ...
- Portuguese:entrave, responsabilidade, ...
- Chinese:负担, 责任, ...
- Japanese:負担, 責任, ...
- Arabic:عبء, مَسْؤُولِيَّة قَانُونِيَّة, ...
- Hebrew:נֶטֶל, אַחֲרָיוּת, ...
- Russian:обуза, ответственность, ...
- Ukrainian:тягар, відповідальність, ...
- Hindi:बोझ, दायित्व, ...
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