Liability
The state of being legally responsible for something. In a financial context, it refers to a company's financial debts or obligations that arise during the course of business operations.
Beispiele
3 von 5If you drive without insurance, you have a huge financial liability in case of an accident.
If you drive without insurance, you have a huge financial liability in case of an accident.
The contract clearly states that the firm accepts no liability for loss of data.
The contract clearly states that the firm accepts no liability for loss of data.
I'm worried that my old car is becoming more of a liability than an asset.
I'm worried that my old car is becoming more of a liability than an asset.
Synonyme
Wortfamilie
Merkhilfe
If you are 'Liable', you 'Lie' under the 'Ability' of the law to punish or charge you.
Schnelles Quiz
The chemical company denied all ______ for the spill in the river.
Richtig!
Die richtige Antwort ist: liability
Beispiele
If you drive without insurance, you have a huge financial liability in case of an accident.
everydayIf you drive without insurance, you have a huge financial liability in case of an accident.
The contract clearly states that the firm accepts no liability for loss of data.
formalThe contract clearly states that the firm accepts no liability for loss of data.
I'm worried that my old car is becoming more of a liability than an asset.
informalI'm worried that my old car is becoming more of a liability than an asset.
Strict liability in tort law means a defendant is responsible even without intent or negligence.
academicStrict liability in tort law means a defendant is responsible even without intent or negligence.
Our current liabilities have increased due to the recent purchase of new machinery on credit.
businessOur current liabilities have increased due to the recent purchase of new machinery on credit.
Synonyme
Wortfamilie
Häufige Kollokationen
Häufige Phrasen
liabilities and assets
debts and resources
product liability
responsibility for a defective product
a liability to
someone or something that causes problems
Wird oft verwechselt mit
Reliability is the quality of being trustworthy; liability is legal or financial responsibility/debt.
Nutzungshinweise
Use 'liable' (adjective) when someone is responsible, and 'liability' (noun) for the responsibility itself or the debt.
Häufige Fehler
Learners often use 'liability' only for money, but it can also mean a person who causes problems (e.g., 'He is a liability to the team').
Merkhilfe
If you are 'Liable', you 'Lie' under the 'Ability' of the law to punish or charge you.
Wortherkunft
From the French 'lier' (to bind), meaning you are bound by law or debt.
Grammatikmuster
Kultureller Kontext
The concept of 'Limited Liability Companies' (LLCs) is a cornerstone of modern capitalism, protecting personal wealth from business debts.
Schnelles Quiz
The chemical company denied all ______ for the spill in the river.
Richtig!
Die richtige Antwort ist: liability
Verwandtes Vokabular
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