LIABILITY Definition & Meaning - Merriam-Webster
6 days ago · The meaning of LIABILITY is the quality or state of being liable. How to use liability in a sentence.
LIABILITY | English meaning - Cambridge Dictionary
LIABILITY definition: 1. the fact that someone is legally responsible for something: 2. debts: 3. something or someone…. Learn more.
Understanding Liabilities: Definitions, Types, and Key Differences From ...
Mar 22, 2026 · A liability is a financial obligation that a person or company owes to another party, typically involving a future payment …
Liability - Wikipedia
Product liability, the area of law in which manufacturers, distributors, suppliers, retailers, and others who make products available to …
What Is Liability? | Strict Liability, Vicarious Liability & More
Jun 26, 2025 · What Is Liability? Liability refers to one party’s legal responsibility for their actions or omissions, which have harmed or …
LIABILITY | definition in the Cambridge English Dictionary
LIABILITY meaning: 1. the fact that someone is legally responsible for something: 2. debts: 3. something or someone…. Learn more.
LIABILITY Definition & Meaning | Dictionary.com
A liability is a debt or obligation or a personal flaw that stands in your way. A company's liabilities are simply the debts on its ledger, …
What Is Liability? Legal Definition, Types, & Examples
Sep 23, 2026 · Liability refers to the legal responsibility for one’s actions or omissions that cause harm, injury, or financial loss to …
Liability (accounting) - Wikipedia
Liabilities are debts and obligations of the business they represent as creditor's claim on business assets. Liabilities are reported on …
Liability - definition of liability by The Free Dictionary
a. moneys owed; debts or pecuniary obligations (opposed to assets). b. liabilities as detailed on a balance sheet, esp. in relation to …