What is the meaning of Liability?
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 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.
Source: wiktionary.orgSearch words containing