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Synonyms
responsibility
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liability
[
lahy-
uh
-
bil
-i-tee
]
Origin
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li·a·bil·i·ty
/
ˌlaɪ
əˈbɪl
ɪ
ti
/
Show Spelled
[
lahy-
uh
-
bil
-i-tee
]
Show IPA
noun,
plural
-ties.
1.
liabilities,
a.
moneys owed; debts or pecuniary obligations (
opposed to
assets
).
b.
Accounting
.
liabilities as detailed on a
balance sheet
, especially in relation to assets and capital.
2.
something disadvantageous:
His lack of education is his biggest liability.
3.
Also,
li·a·ble·ness.
the state or quality of being liable:
liability to disease.
Origin:
1785–95;
li(able)
+
-ability
Related forms
non·li·a·bil·i·ty,
noun,
plural
-ties.
pre·li·a·bil·i·ty,
noun,
plural
-ties.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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liability
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Liability
is an LSAT word you need to know.
So is
principal
. Does it mean:
So is
condition
. Does it mean:
So is
circular
. Does it mean:
involving an extremely important decision or result; critical
first or highest in rank, importance or value
the state of something with regard to its appearance, quality, or working order
size of part to whole
to drive to a course of action or to force to submit
having the form of a circle
LEARN MORE LSAT WORDS WITH WORD DYNAMO...
Collins
World English Dictionary
liability
(ˌlaɪəˈbɪlɪtɪ)
—
n
,
pl
-ties
1.
the state of being liable
2.
a financial obligation
3.
a hindrance or disadvantage
4.
likelihood or probability
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
Etymonline
Word Origin & History
liability
c.1800, a term in law; "condition of being legally liable;" from
liable
. General sense is from 1809; meaning "thing for which one is liable" is first attested 1842. Related: Liabilities.
Online Etymology Dictionary, © 2010 Douglas Harper
Cite This Source
American Heritage
Cultural Dictionary
liability definition
An obligation or
debt
.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
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Matching Quote
"Children must eventually train their own children, and any impoverishment of their impulse life, for the sake of avoiding friction, must be considered a possible
liability
affecting more than one lifetime"
-Erik H. Erikson
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