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What is another word for liability?

Pronunciation: [lˌa͡ɪəbˈɪlɪti] (IPA)

Liability is a term used to describe anything that can be held against an individual or an organization in terms of responsibility or legal obligation. Some of the most common synonyms for this word include accountability, culpability, obligation, debt, responsibility, burden, encumbrance, and duty. In business, this term is particularly relevant when it comes to financial matters where liabilities may include debts, loans, or other financial obligations. While these synonyms may differ in their exact meaning and usage context, they all convey a sense of responsibility that must be upheld and managed effectively to ensure the success and stability of individuals and organizations alike.
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Synonyms for Liability:

What are the paraphrases for Liability?

Paraphrases are restatements of text or speech using different words and phrasing to convey the same meaning.
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What are the hypernyms for Liability?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Liability?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

What are the opposite words for liability?

Liability refers to the state of being responsible for something, especially when it comes to financial or legal matters. Its antonyms, on the other hand, are words that express the opposite meaning. One antonym for liability is asset, which means something of value that can be used to offset liabilities. Profit is another antonym, which refers to the monetary gain resulting from positive financial activities. Other antonyms for liability include advantage, benefit, gain, and asset. The opposite of liability signifies an advantage, gain, or positive value rather than a burden or responsibility. Knowing the antonyms for liability can aid in framing context within financial and legal documents.

What are the antonyms for Liability?

Usage examples for Liability

We admit the liability.
"Epistles-from-Pap-Letters-from-the-man-known-as-The-Will-Rogers-of-Indiana"
Durham, Andrew Everett
One of the great difficulties in the matter was the liability, when a tube was in place, for food and drink to find their way, during the process of swallowing, into contact with sensitive tissues of the larynx.
"Makers of Modern Medicine"
James J. Walsh
This was true of the Liberal administration in 1893-94, when the peers rejected the Home Rule Bill, and made amendments that struck at the root of the Parish Councils and Employers' liability Bills, changing the latter in a manner so vital that the government finally withdrew the measure altogether.
"The Government of England (Vol. I)"
A. Lawrence Lowell

Famous quotes with Liability

  • The desire to economize time and mental effort in arithmetical computations, and to eliminate human liability to error is probably as old as the science of arithmetic itself.
    Howard Aiken
  • Napster's only alleged liability is for contributory or vicarious infringement. So when Napster's users engage in noncommercial sharing of music, is that activity copyright infringement? No.
    David Boies
  • A static hero is a public liability. Progress grows out of motion.
    Richard E. Byrd
  • Now is not the time to give greater protections to pharmaceutical companies that put unsafe drugs like Vioxx on the market. Such protections have nothing to do with the liability insurance crisis facing doctors and should be stripped from this bill.
    Dennis Cardoza
  • Reform of the medical liability system should be considered as part of a comprehensive response to surging medical malpractice premiums that endanger Americans' access to quality medical care.
    Lincoln Chafee

Related words: liability insurance for houses, car liability insurance, liability insurance for pets, insurance liability, liability insurance for business, providers of liability insurance, coverage type of liability insurance, liability insurance claim

Related questions:

  • What is a liability policy?
  • What is liability insurance coverage?
  • What is a vehicle liability policy?
  • What is general liability insurance coverage?

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