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.
예시
3 / 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.
어휘 가족
암기 팁
If you are 'Liable', you 'Lie' under the 'Ability' of the law to punish or charge you.
빠른 퀴즈
The chemical company denied all ______ for the spill in the river.
정답!
정답은: liability
예시
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.
어휘 가족
자주 쓰는 조합
자주 쓰는 구문
liabilities and assets
debts and resources
product liability
responsibility for a defective product
a liability to
someone or something that causes problems
자주 혼동되는 단어
Reliability is the quality of being trustworthy; liability is legal or financial responsibility/debt.
사용 참고사항
Use 'liable' (adjective) when someone is responsible, and 'liability' (noun) for the responsibility itself or the debt.
자주 하는 실수
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').
암기 팁
If you are 'Liable', you 'Lie' under the 'Ability' of the law to punish or charge you.
어원
From the French 'lier' (to bind), meaning you are bound by law or debt.
문법 패턴
문화적 맥락
The concept of 'Limited Liability Companies' (LLCs) is a cornerstone of modern capitalism, protecting personal wealth from business debts.
빠른 퀴즈
The chemical company denied all ______ for the spill in the river.
정답!
정답은: liability
관련 어휘
business 관련 단어
innovation
B2Innovation refers to the process of creating or implementing a new idea, method, or product that significantly improves an existing situation. It is commonly used in business and technology to describe breakthroughs that lead to growth or efficiency.
Revenue
B2The total amount of income generated by the sale of goods or services related to the company's primary operations. It is often referred to as the 'top line' as it sits at the top of the income statement before any expenses are deducted.
Stakeholder
B2A person, group, or organization that has an interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives, and policies.
Asset
B2A useful or valuable thing, person, or quality. In finance, it specifically refers to a resource with economic value that an individual or corporation owns or controls with the expectation that it will provide a future benefit.
Merger
B2A legal consolidation of two entities into one, often to create a larger, more competitive company. Unlike an acquisition, it is usually presented as a friendly agreement between equals.
Acquisition
B2The act of one company purchasing most or all of another company's shares to gain control of it. It can also refer to the act of gaining a new skill, habit, or item.
Dividend
B2A sum of money paid regularly by a company to its shareholders out of its profits or reserves. It is a way for a company to share its financial success with those who invest in it.
Expenditure
B2The action of spending funds, or the total amount of money spent by a person, company, or government. It is a more formal term than 'spending'.
Investment
B2The act of putting money, effort, or time into something to make a profit or get an advantage. In finance, it specifically refers to purchasing assets like stocks, real estate, or bonds.
Profitability
B2The degree to which a business or activity yields profit or financial gain. It is a measurement of efficiency and the ultimate success of a company's operations.
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