liability

li·a·bil·i·ty  (l-bl-t)

n. pl. li·a·bil·i·ties

1. The state of being liable.

2.

a. Something for which one is liable; an obligation, responsibility, or debt.

b. liabilities The financial obligations entered in the balance sheet of a business enterprise.

3. Something that holds one back; a handicap.

4. Likelihood.

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liability [ˌlaɪəˈbɪlɪtɪ]

n pl -ties

1. the state of being liable

2. (Economics, Accounting & Finance / Banking & Finance) a financial obligation

3. a hindrance or disadvantage

4. likelihood or probability

Thesaurus

Noun	1.	liability - the state of being legally obliged and responsible susceptibility, susceptibleness - the state of being susceptible; easily affected taxability - liability to taxation ratability, rateability - the state of being liable to assessment or taxation
	2.	liability - an obligation to pay money to another party financial obligation, indebtedness limited liability - the liability of a firm's owners for no more than the capital they have invested in the firm obligation - the state of being obligated to do or pay something; "he is under an obligation to finish the job" debt - the state of owing something (especially money); "he is badly in debt" arrears - the state of being behind in payments; "an account in arrears" account payable, payable - a liability account showing how much is owed for goods and services purchased on credit; "the problem was to match receivables and payables in the same currency" scot and lot - obligations of all kinds taken as a whole
	3.	liability - the quality of being something that holds you back bad, badness - that which is below standard or expectations as of ethics or decency; "take the bad with the good" weak point - an attribute that is inadequate or deficient disadvantage - the quality of having an inferior or less favorable position asset, plus - a useful or valuable quality

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liability

noun

1. disadvantage, burden, drawback, inconvenience, drag, handicap, minus (informal), nuisance, impediment, albatross, hindrance, millstone, encumbrance What was once a vote-catching policy is now a political liability.

2. responsibility, accountability, culpability, obligation, onus, answerability They admit liability, but dispute the amount of his claim.

3. tendency, susceptibility, proneness, likelihood, probability anyone whose medical history shows a liability to thromboses

plural noun

debts, expenditure, debit, arrears, obligations, accounts payable The company had liabilities of $250 million.

Translations

liability [ˌlaɪəˈbɪlɪtɪ]

A. N

1. (= responsibility) → responsabilidad f
to admit/deny liability (for sth) → admitir/negar ser responsable(de algo)

2. (= obligation, debt) tax liability → carga f fiscal
current liabilities → pasivo msing circulante
long-term liabilities → pasivo msing (exigible)a largo plazo
they failed to meet their liabilities → no hicieron frente a sus obligaciones
see also limited B
see also unlimited B

3. (= risk, burden) I do not want to be a liability to you → no quiero ser una carga or un estorbo para ti
this car's a bit of a liability → este coche da muchos problemas

4. (= propensity) → predisposición f, propensión f (to a) the patient may have an increased liability to infection → el paciente puede tener una mayor predisposición or propensión a las infecciones

B. CPD liability insurance N → seguro m de daños a terceros, seguro m de responsabilidad civil(Sp)

liability [ˌlaɪəˈbɪlɪti]

n

(= responsibility) → responsabilité f
to admit liability for sth → admettre sa responsabilité dans qch
liability for tax, tax liability → assujettissement à l'impôt

(= drawback)
She had become a liability to her party → Elle était devenu un handicap pour son parti.

liabilities npl (= debts) → passif m

liability

n

(= burden) → Belastung f

(= being subject to) one’s liability for tax → jds Steuerpflicht f; he has a tax liability of £1,000 → er muss £ 1000 Steuern bezahlen; liability to pay damages → Schadensersatzpflicht f

(= proneness) → Anfälligkeit f → (to für); his liability to digestive disorders → seine Anfälligkeit für Verdauungsstörungen

(= responsibility) → Haftung f; we accept no liability for … → wir übernehmen keine Haftung für …; his liability for his wife’s debts → seine Haftung or Haftbarkeit für die Schulden seiner Frau

(Fin) liabilities → Verbindlichkeiten pl, → Verpflichtungen pl

liability [ˌlaɪəˈbɪlɪtɪ] n (Law) (responsibility) → responsabilità f inv; (burden) → peso; (person) → peso morto
see also liabilities

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liability [ˌlaɪəˈbɪlɪtɪ] n (Law) (responsibility) → responsabilità f inv; (burden) → peso; (person) → peso morto
see also liabilities