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Definition of Liability


  1. The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law.
  2. That which one is under obligation to pay, or for which one is liable.
  3. the sum of one's pecuniary obligations; -- opposed to assets.
More "Liability" Quotations

Liability Translations

liability in German is Haftung, Verantwortlichkeit, Haftpflicht
liability in Norwegian is forpliktelse
liability in Swedish is ansvar