li·a·bil·i·ty 
/ˌlajəˈbɪləti/ noun
plural li·a·bil·i·ties /ˌlajəˈbɪləti/ noun 1 [noncount] : the state of being legally responsible for something : the state of being liable for something
▪ The company is trying to limit its liability in this case. ▪ criminal liability [=the state of being responsible for a crime] ▪ The judge cleared me of any/all liability for the accident. [=the judge said that I was not responsible for the accident] 2 [count] : something (such as the payment of money) for which a person or business is legally responsible
▪ a tax liability [=taxes that will have to be paid] — usually plural ▪ business assets and liabilities [=debts] 3 [count] : someone or something that causes problems
▪ His small size was a liability (to him) as a football player. ▪ This scandal has made the vice president a liability (for this administration).
▪ The company is trying to limit its liability in this case. ▪ criminal liability [=the state of being responsible for a crime] ▪ The judge cleared me of any/all liability for the accident. [=the judge said that I was not responsible for the accident]
▪ a tax liability [=taxes that will have to be paid] — usually plural ▪ business assets and liabilities [=debts]
▪ His small size was a liability (to him) as a football player. ▪ This scandal has made the vice president a liability (for this administration).
