Definition of 'liability'

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Definitions of 'liability'

1. (noun) liability
the state of being legally obliged and responsible

2. (noun) indebtedness, liability, financial obligation
an obligation to pay money to another party

3. (noun) liability
the quality of being something that holds you back

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'liability' - Nearby Entries
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"liability." Definitions.net. STANDS4 LLC, 2008. 4 December. 2008. http://www.definitions.net/definition/liability

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