liability

CEFRC1

/laɪəˈbɪlɪti/

noun

Türkçe translations

Translating…

In plain English

  1. 01

    noun

    A person or thing that causes problems or financial loss.

  2. 02

    noun

    A debt or legal responsibility to pay money.

Examples

  • He denies any liability for the damage caused.

  • The company didn't admit liability.

At a glance

Sits at C1 on the CEFR scale

Senses
5
Parts of speech
1
Citations
3

Deep Dive

noun

Extra meanings
  1. A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; a person or action that exposes others to greater risk.

  2. An obligation, debt or responsibility owed to someone.

  3. Any kind of debt recorded on the right-hand side of a balance sheet.

More examples

In context
  • You're a bloody liability sometimes!

  • Those products – known as liability-driven investing, or LDIs – help offset liabilities and risks on pension funds’ books.

  • "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."

Quick test

Two questions on this entry. Nothing is scored.

Question 1 · Quick check

His bad attitude is a blank for the team because it lowers morale.

Practise this properly in the app, where the word comes back before you forget it.

Nearby

Origin

noun

From liable + -ity.