liability
Translation
liability, debt, disadvantage, burden
Examples
The company has limited liability.
The company has limited liability.
His lack of experience is a liability.
His lack of experience is a liability.
Grammar Patterns
liability ((for sth.)) responsibility for something The company has liability for the accident.
a liability ((to sb./sth.)) a disadvantage to someone/something He is a liability to the team.
Similar Words
Synonyms: responsibility, debt, burden; Antonyms: asset, advantage
Etymology
From Latin 'ligare' (to bind), meaning 'the state of being bound'. It refers to a responsibility or obligation by which one is legally or financially 'bound'.
Memory Tips
Think of it as something that 'lies' on you, like a burden or responsibility. If you do something wrong, the liability lies with you.