English vocabulary and translations (See all our English vocabulary translation)
a liability (legal or financial term): a responsibility (legal or financial term)
We deny all liability for any damages incurred. We refuse to accept any responsibility for this matter.
UK: Her drinking problem is a real liability.
US: He has several financial liabilities including debts and an unsuccessful restaurant business.
- "Bodily injury liability"
- "Property damage liability"
- "Plus we'd have to sign waivers and liability forms, probably have to get malaria shots for Ms. Bümbüm and her entourage."
Do you have smart way of remembering 'Liability'? Share it with us!