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Definitions and Synonyms of liability | Another word for liability | What is liability?

Definition 1: the quality of being something that holds you back - [noun denoting attribute]

(liability is a kind of ...) that which is below standard or expectations as of ethics or decency

"take the bad with the good"

(... is a kind of liability ) an attribute that is inadequate or deficient

(... is a kind of liability ) the quality of having an inferior or less favorable position

Definition 2: an obligation to pay money to another party - [noun denoting state]

Synonyms for liability in the sense of this definition

(liability is a kind of ...) the state of being obligated to do or pay something

"he is under an obligation to finish the job"

(... is a kind of liability ) the liability of a firm's owners for no more than the capital they have invested in the firm

(... is a kind of liability ) the state of owing something (especially money)

"he is badly in debt"

(... is a kind of liability ) the state of being behind in payments

"an account in arrears"

(... is a kind of liability ) a liability account showing how much is owed for goods and services purchased on credit

"the problem was to match receivables and payables in the same currency"

(... is a kind of liability ) obligations of all kinds taken as a whole

Definition 3: the state of being legally obliged and responsible - [noun denoting state]

(liability is a kind of ...) the state of being susceptible; easily affected

(... is a kind of liability ) liability to taxation

(... is a kind of liability ) the state of being liable to assessment or taxation

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