liability

English

Pronunciation

  • (file)

Noun

Wikipedia has an article on:

Wikipedia liability (plural liabilities)

  1. the condition of being liable
  2. an obligation, debt or responsibility owed to someone.
    • 1901, W. W. Jacobs, The Monkey's Paw
      "I was to say that Maw and Meggins disclaim all responsibility," continued the other. "They admit no liability at all, but in consideration of your son's services they wish to present you with a certain sum as compensation."
  3. a handicap that holds one back
  4. the likelihood of something happening

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Last modified on 27 April 2013, at 00:57