Definitions

1. noun

A state or condition of being responsible for something, especially a financial obligation or debt.

“The company’s financial liability for the damage caused by the accident was substantial.”

2. noun

A person or thing that is a source of danger or risk.

“The unstable structure was a liability to the entire neighborhood.”

3. noun

Something that is a weakness or disadvantage.

“His lack of experience was a liability in the competitive job market.”

4. verb

To make someone or something responsible for something, especially a financial obligation or debt.

“The company will be liable for any damages caused by the faulty product.”