liability

Plural: liabilities

Noun

• the state of being legally obliged and responsible
• an obligation to pay money to another party
• the quality of being something that holds you back
• An obligation, debt or responsibility owed to someone.
• An obligation, debt or responsibility owed to someone.
• Any item recorded on the right-hand side of a balance sheet.
• 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.
• 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.
• 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.

Examples

• You're a bloody liability sometimes!

Synonyms

financial obligation, indebtedness

Antonyms

asset