liability

== English == === Etymology === From liable + -ity. === Pronunciation === IPA(key): /laɪəˈbɪlɪti/ Hyphenation: li‧abil‧ity === Noun === liability (countable and uncountable, plural liabilities) An obligation, debt or responsibility owed to someone. Coordinate term: asset (accounting) Any kind of debt recorded on the right-hand side of a balance sheet. Antonym: asset A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; a person or action that exposes others to greater risk. Coordinate term: asset (informal, mildly derogatory) A person on a team that is more of a hindrance than a help. The likelihood of something happening. The condition of being susceptible to something. ==== Derived terms ==== ==== Translations ==== === Anagrams === alibility