liability

  • 1liability — li·a·bil·i·ty /ˌlī ə bi lə tē/ n pl ties 1: the quality or state of being liable 2: something for which one is liable: as a: a financial obligation: debt tax liability the bonds …

    Law dictionary

  • 2LIABILITY — (Torts). Every person of full mental capacity, male or female (BK 15a), when causing injury to another person, is liable to the injured party for any damage which his negligent conduct causes the latter to suffer (see torts ), even a husband to… …

    Encyclopedia of Judaism

  • 3Liability — Li a*bil i*ty (l[imac] [.a]*b[i^]l [i^]*t[y^]), n.; pl. {Liabilities} ( t[i^]z). [1913 Webster] 1. The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law. [1913 Webster] 2. That which one is under …

    The Collaborative International Dictionary of English

  • 4liability — [n1] answerability, responsibility accountability, accountableness, amenability, amenableness, arrearage, blame, burden, compulsion, culpability, debt, duty, indebtedness, obligation, onus, owing, subjection, susceptibility; concept 645 Ant.… …

    New thesaurus

  • 5liability — liability. См. подверженность. (Источник: «Англо русский толковый словарь генетических терминов». Арефьев В.А., Лисовенко Л.А., Москва: Изд во ВНИРО, 1995 г.) …

    Молекулярная биология и генетика. Толковый словарь.

  • 6liability — Any legal obligation for which a person is responsible. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …

    Glossary of Bankruptcy

  • 7liability — 1790, originally a term in law; condition of being legally liable; see LIABLE (Cf. liable) + ITY (Cf. ity). General sense is from 1809; meaning thing for which one is liable is first attested 1842. Related: Liabilities …

    Etymology dictionary

  • 8Liability —   Liability is usually, a legal obligation to pay a definite or reasonably certain amount at a definite or reasonably certain time in return for a current benefit. Some of the criteria are not met by items classified as liabilities where there… …

    International financial encyclopaedia

  • 9liability — /ingl. ˌlaɪəˈbɪlɪti/ s. f. inv. passività, passivo …

    Sinonimi e Contrari. Terza edizione

  • 10liability — *debt, indebtedness, obligation, debit, arrear Antonyms: asset (or plural assets) …

    New Dictionary of Synonyms

  • 11liability — ► NOUN (pl. liabilities) 1) the state of being liable. 2) a thing for which someone is liable, especially a financial obligation. 3) a person or thing likely to cause one embarrassment or put one at a disadvantage …

    English terms dictionary

  • 12liability — [lī΄ə bil′ə tē] n. pl. liabilities 1. the state of being liable 2. anything for which a person is liable 3. Accounting a) a debt of a person or business, as a note payable or a long term debenture b) an account on a balance sheet showing this …

    English World dictionary

  • 13Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …

    Financial and business terms

  • 14liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …

    Financial and business terms

  • 15liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …

    Black's law dictionary

  • 16liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …

    Black's law dictionary

  • 17liability — li|a|bil|i|ty W2 [ˌlaıəˈbılıti] n 1.) [U] legal responsibility for something, especially for paying money that is owed, or for damage or injury liability for ▪ Tenants have legal liability for any damage they cause. liability to ▪ your liability… …

    Dictionary of contemporary English

  • 18liability — n. 1) to accept, acknowledge, assume, incur, take on a liability 2) full; limited liability 3) a liability for (we assumed full liability for our children s debts) * * * [ˌlaɪə bɪlɪtɪ] acknowledge assume incur limited liability take on a… …

    Combinatory dictionary

  • 19liability — /luy euh bil i tee/, n., pl. liabilities. 1. liabilities, a. moneys owed; debts or pecuniary obligations (opposed to assets). b. Accounting. liabilities as detailed on a balance sheet, esp. in relation to assets and capital. 2. something… …

    Universalium

  • 20liability — li|a|bil|i|ty [ ,laıə bıləti ] noun ** 1. ) uncount legal responsibility for causing damage or injury, or for paying something: liability for: The company accepts no liability for delays caused by bad weather. liability to: Being unemployed does… …

    Usage of the words and phrases in modern English