liability
//laɪəˈbɪlɪti//
Forms
- Plural
- liabilities
Definitions
1.An obligation, debt or responsibility owed to someone.
- Those products – known as liability-driven investing, or LDIs – help offset liabilities and risks on pension funds’ books.
2.A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; a person or action that exposes others to greater risk.
- You're a bloody liability sometimes!
3.The likelihood of something happening.
4.The condition of being susceptible to something.
Frequency
Overall
Rare· #4164
By learning goal
- Everyday conversation
- Rare
- General reading & writing
- Rare
- Academic
- Rare
- Literature
- Rare
Related words
Word family
Etymology
Etymology tree
English liable
Proto-Indo-European *-teh₂
Proto-Indo-European *-ts
Proto-Indo-European *-teh₂ts
Latin -itāsder.
Old French -itebor.
Middle English -ite
English -ity
English liability
From liable + -ity.