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Liability

/laɪəˈbɪlɪti/

An obligation, debt or responsibility owed to someone.

📖 Definitions of "Liability"

noun
  1. 1

    An obligation, debt or responsibility owed to someone.

  2. 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; an individual or action that exposes others to greater risk.

  3. 3

    The likelihood of something happening.

  4. 4

    The condition of being susceptible to something.

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