Associations to the word «Liability»

Wiktionary

LIABILITY, noun. The condition of being liable.
LIABILITY, noun. An obligation, debt or responsibility owed to someone.
LIABILITY, noun. A handicap that holds something back.
LIABILITY, noun. The likelihood of something happening.
LIABILITY INSURANCE, noun. Any insurance against a potential loss due to the insured's liability for injury or damage to others.

Dictionary definition

LIABILITY, noun. The state of being legally obliged and responsible.
LIABILITY, noun. An obligation to pay money to another party.
LIABILITY, noun. The quality of being something that holds you back.

Wise words

The most important things are the hardest things to say. They are the things you get ashamed of because words diminish your feelings - words shrink things that seem timeless when they are in your head to no more than living size when they are brought out.
Stephen King