"liability" | Definition and Related Words

Noun

is a type of: susceptibility, susceptibleness - the state of being susceptible; easily affected
subtypes:
- taxability - liability to taxation
- ratability, rateability - the state of being liable to assessment or taxation
is a type of: obligation - the state of being obligated to do or pay something
subtypes:
- limited liability - the liability of a firm's owners for no more than the capital they have invested in the firm
- debt - the state of owing something (especially money)
- arrears - the state of being behind in payments
- account payable, payable - a liability account showing how much is owed for goods and services purchased on credit
- scot and lot - obligations of all kinds taken as a whole
same as: financial obligation, indebtedness
is a type of: bad, badness - that which is below standard or expectations as of ethics or decency
subtypes:
- weak point - an attribute that is inadequate or deficient
- disadvantage - the quality of having an inferior or less favorable position