liability

The state of being liable.

Something for which one is liable; an obligation, responsibility, or debt.

The financial obligations entered in the balance sheet of a business enterprise.

Something that holds one back; a handicap.

Likelihood.

The state of being liable through obligation orduty; fixed or contingent responsibility; exposure to that which is or may be required: as, the liability of a principal for his agent’s acts.

The state of being liable incidentally or by chance; exposure to that which is possible or probable; tendency; susceptibility: as, liability to accident or contagion; a physician’s liability to broken rest.

That for which one is liable; that to which one is bound or exposed; a fixed or contingent obligation: as, to incur or assume a heavy liability (as for the payment of a debt or the performance of a service); the assets and liabilities of a bank.

The state of being liable