 liability |
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| 1. | [ noun ] possession that is owed to someone else | |
| Synonyms: | indebtedness pecuniary_obligation financial_obligation | |
| Related terms: | asset possession obligation debt debt accounts_payable limited_liability deficit account_payable scot_and_lot arrears charge payables tax_liability | |
| 2. | [ noun ] the state of being legally obliged and responsible | |
| Related terms: | susceptibility ratability taxability | |
| 3. | [ noun ] (law,finance,writing,business) an obligation to pay money to another party | |
| Synonyms: | indebtedness | |
| Related terms: | financial_condition obligation debt obligation arrears scot_and_lot account_payable limited_liability | |
| 4. | [ noun ] the quality of being something that holds you back | |
| Related terms: | asset asset bad disadvantage weak_point | |
| Similar spelling: |
lability liabilities Liebold |
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