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liability - Dictionary definition and meaning for liability
LIABILITY
(noun) the quality of being something that holds you back
(noun) an obligation to pay money to another party
synonyms : financial obligation , indebtedness(noun) the state of being legally obliged and responsible
WordNet® 3.0, © 2006 by Princeton University.
Mnemonics for liability
(Tag: ) Lia(lie)...ability...ur ability(habit in genreal)will b a major drawback for u in ur carrier
added by dennis.thomas219
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(Tag: ) To lie about ur ability is goin to be a disadvantage or drawback.
added by nikhil88
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