Meaning of “liability” - Learner’s Dictionary

liability

noun uk us /ˌlaɪəˈbɪləti/
RESPONSIBILITY [ U ]

legal responsibility for something:

They have admitted liability for the damage caused.
TROUBLE [ no plural ]

someone or something that is likely to cause you a lot of trouble:

Wherever we go she upsets someone - she's a real liability.

(Definition of “liability” from the Cambridge Learner’s Dictionary © Cambridge University Press)