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1 —as in:
she is a liability to our cause
Definitionany negative trait or thing that creates a problem
- Her temper is her main liability. She hasn't learned to control angry attacks at anyone who disagrees with her.
liability = any negative trait or thing that creates a problem
- When Walt and Billie suggested that he needed a college degree to attain a fulfilling career, Chris answered that careers were demeaning "twentieth-century inventions," more of a liability than an asset, and that he would do fine without one, thank you.Jon Krakauer -- Into the Wild
liability = something negative
2 —as in:
the company's liabilities
Definitionthe cash value that an accountant would place on things that are owed; or the things owed
- The company's liabilities exceed its assets. I do not think it can borrow more money.
liabilities = the cash value that an accountant would place on things that are owed; or the things owed
3 —as in:
Definitiona legal obligation or responsibility
- They have legal liability for accidents caused by the defective tires.
liability = a legal obligation or responsibility
- Exposing people to liability against the standard of hindsight, however, creates not a safer world but one in which people simply avoid socially useful activities. Obstetricians quit. Seesaws disappear. Businesses stop giving references. The City of New York did, in fact, cut the limbs off trees near playgrounds so children would not be tempted to climb them.Philip K. Howard