Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “liability”

See all translations

liability

noun [C/U]  /ˌlɑɪ·əˈbɪl·ɪ·t̬i/ us  
the responsibility of a person, business, or organization to pay or give up something of value: [U] He denies any liability in the accident. [C usually pl] The business has liabilities of $5 million. A liability is also anything that hurts your chances of success or that causes difficulties: [C] Not having our own delivery trucks is a liability in our business.
(Definition of liability from the Cambridge Academic Content Dictionary © Cambridge University Press)
What is the pronunciation of liability?
Add Cambridge dictionaries to your browser to your website

Definitions of “liability” in other dictionaries

Word of the Day

lamb

a young sheep, or the flesh of a young sheep eaten as meat

Word of the Day

The way we move (Verbs for walking and running)

by Kate Woodford,
March 25, 2015
​​​ This week we’re looking at interesting ways to describe the way that people move. Most of the verbs that we’ll be considering describe how fast or slow people move. Others describe the attitude or state of mind of the person walking or running. Some describe both. Starting with verbs for walking slowly,

Read More 

crossfit noun

March 23, 2015
high-intensity strength training Two women in strappy dresses discussed how much weight they could snatch

Read More