Liability
[lahy-uh-bil-i-tee] /ˌlaɪ əˈbɪl ɪ ti/
noun, plural liabilities.
1.
liabilities.
2.
something disadvantageous:
His lack of education is his biggest liability.
3.
Also, liableness. the state or quality of being liable:
liability to disease.
/ˌlaɪəˈbɪlɪtɪ/
noun (pl) -ties
1.
the state of being liable
2.
a financial obligation
3.
a hindrance or disadvantage
4.
likelihood or probability
n.
1790, originally a term in law; “condition of being legally liable;” see liable + -ity. General sense is from 1809; meaning “thing for which one is liable” is first attested 1842. Related: Liabilities.
An obligation or debt.
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- Liability-insurance
noun 1. insurance covering the insured against losses arising from injury or damage to another person or property.
- Liability-limit
noun 1. the highest amount that a liability insurer will pay on a single claim.
- Liable
[lahy-uh-buh l] /ˈlaɪ ə bəl/ adjective 1. legally responsible: You are liable for the damage caused by your action. 2. subject or susceptible: to be liable to heart disease. 3. likely or apt: He’s liable to get angry. /ˈlaɪəbəl/ adjective (postpositive) 1. legally obliged or responsible; answerable 2. susceptible or exposed; subject 3. probable, likely, […]
- Liaise
[lee-eyz] /liˈeɪz/ verb (used without object), liaised, liaising. 1. to form a . /lɪˈeɪz/ verb 1. (intransitive) usually foll by with. to communicate and maintain contact (with) v. 1928, back-formation from liaison. Said to be a coinage of British military men in World War I. Related: Liaised; liaising. verb To cooperate; get into regular contact: […]