liable Meaning in Cambridge Business English Dictionary
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Meaning of "liable" - Business English Dictionary

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liable

adjective [not before noun]
 
 
/ˈlaɪəbl/
LAW legally responsible for something or someone: liable for sth The sellers were liable for all the damage. This is a serious crime and they can be held liable.
LAW, TAX responsible for paying something: If you are self-employed, you are still liable to pay National Insurance Contributions.liable to sth You will be liable to tax on the interest.
LAW if someone is liable to a punishment, they will receive that punishment: liable to sth He is guilty of an offence and liable to 14 years' imprisonment.
likely to do something: liable to do sth They're liable to give you problems over your business proposal.
(Definition of liable from the Cambridge Business English Dictionary © Cambridge University Press)
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