← ← All Words A–Z

liability

US /ˌlaɪəˈbɪləti/UK /ˌlaɪəˈbɪləti/

noun Target · B2 Tài chính & ngân sách Kinh doanh chung

Definition

the state of being legally obliged and responsible

Tested in TOEIC business and workplace contexts.

Examples

The airline denied any legal liability for the damage caused by severe weather delays.

Word Family

NounNoun
liability gốc
VerbVerb
—
AdjectiveAdj
AdverbAdv
—

Synonyms

  • obligationthe social force that binds you to the courses of action demanded by that force; ; - John D.Rockefeller Jr
  • debtthe state of owing something (especially money)

Collocations

  • Easy legal liability
    describing legal liability (established by or founded upon law or official or accepted rules)
  • Medium limited liability company
    to limited liability company, meaning to place limits on (extent or access)
  • Hard assess financial liabilities
    to assess financial liabilities, meaning to evaluate or estimate the nature, quality, ability, extent, or significance of
  • Very Hard become a major political liability
    to become a major political liability, meaning to enter or assume a certain state or condition

Learner's English edition · Curated definitions for TOEIC learners.