Liability
Definition
(noun) Legal responsibility for something, especially in terms of financial obligations
Examples
“The company may face liability if it fails to meet safety standards.”
“That old ladder is a liability.”
“After the refund, liability was the only thing left on Mark's bill.”
“If you sign today, the landlord's lawyer said the liability stays with you for six months.”
“At the Boston office, Maya said the new contract puts liability squarely on the vendor.”
Related words
Other English words at this level include Vicarious, Altruism, Petulant, Voracity, and Infrastructure. Tap any word to see its definition, examples, and audio.
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