How to use liability in a sentence. A liability is anything that's borrowed from, owed to, or obligated to someone else It can be real like a bill that must be paid or potential such as a possible lawsuit. The fact that someone is legally responsible for something Liability defined and explained with examples Liability is the state of being liable or responsible for something
Definition of liability noun in oxford advanced learner's dictionary Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. Liability is legal responsibility for paying money for damage or injury The policy also provides personal liability coverage for damage the policyholder or dependents cause to third parties An adjuster will determine the extent of the insurer's liability for loss when a claim is submitted. What once was a bold expression of political loyalty has become a liability, showing how symbolic alignment with a political movement does not provide immunity from legal realities.
The state of being liable Something for which one is liable An obligation, responsibility, or debt Liability refers to one party’s legal responsibility for their actions or omissions, which have harmed or damaged another party This responsibility is assessed based on the breach of a legal duty of care owed by the liable party to the injured party. The state of being legally responsible for something the state of being liable for something
Something (such as the payment of money) for which a person or business is legally responsible usually plural
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