liability

Noun
  1. The state of being legally obliged and responsible (synset 114554005)
    is a type of: susceptibility, susceptibleness - the state of being susceptible; easily affected
    subtypes:
  2. An obligation to pay money to another party (synset 114513903)
    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
  3. The quality of being something that holds you back (synset 105168909)
    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

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