liability

• Substantiv, das eine rechtliche oder finanzielle Verantwortlichkeit, Verpflichtung oder Schuld bezeichnet und häufig im geschäftlichen und juristischen Kontext verwendet wird.

A noun referring to a legal or financial responsibility, obligation, or debt, often used in business and legal contexts.

1. Legal responsibilityB2formallegal

   The state of being legally responsible for something, such as a debt or obligation.

   Rechtliche Haftung

   • The company accepted liability for the accident.
   • He denied any liability for the damages.
   • The contract clearly states the liability of each party.

   Synonymeaccountabilityamenabilityanswerabilityobligationresponsibility

   Antonymeexemptionimmunity

2. Financial obligationB2formalbusiness

   An amount of money that a person or company owes, such as a debt or loan.

   Verbindlichkeit

   • The firm's liabilities exceeded its assets.
   • They had to report all current liabilities on the balance sheet.
   • The loan is recorded as a long-term liability.

   Synonymedebtfinancial obligationindebtednessobligationpayable

   Antonymeasset

3. Disadvantage or hindranceB2informal

   A person or thing that causes problems or holds someone back.

   Nachteil oder Belastung

   • His lack of experience was a liability for the team.
   • The old equipment became a liability rather than an asset.
   • She considered her shyness a liability in networking events.

   Synonymealbatrossburdendisadvantagedrawbackencumbrancehandicaphindranceimpedimentmillstonenuisance

   Antonymeadvantageassetbenefitstrength