"Liability" Pronounce,Meaning And Examples

"Liability" Natural Recordings by Native Speakers

Liability
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"Liability" Meaning

A liability is a financial or economic burden or debt that an individual, business, or organization may have. It is a potential loss or risk that can result in a financial gain or expense.

"Liability" Examples

Usage Examples of "Liability"


1. Financial Liability

The company's financial liability to its investors was a major concern after the stock market crash.

2. Personal Liability

The doctor was sued for her personal liability in the medical malpractice case.

3. Legal Liability

The company's legal liability to the employees who were laid off was a major issue in the court case.

4. Ethical Liability

The journalist felt a sense of ethical liability for not investigating the story further before publishing it.

5. Physical Liability

The owner of the car was held liable for the physical damage caused to the other vehicle in the accident.

"Liability" Similar Words

Lezgian

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Lezgic

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Lezgic refers to something related to the Lezgian language or culture, specifically the Lezgian people who are an Indigenous, Turkic-speaking ethnic group native to the Caucasus region, primarily in Dagestan, Russia. The term may also describe features, traits, or customs that are characteristic of the Lezgian culture or identity.

Lgbt

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Lhasa

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Lherzolite

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Lherzolite is a type of igneous rock that is rich in olivine and pyroxene minerals. It is typically found in the Earth's mantle and is considered to be a component of the Earth's subcontinental lithosphere. The term "lherzolite" was coined by the French geologist Henri Coquand in the 19th century, and it is named after the Lherz district in the Pyrenees Mountains of France where it was first discovered. Lherzolite is highly resistant to weathering and erosion, which is why it is often found in its original form deep within the Earth's crust.

Lhotse

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Li-fraumeni

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Liabilities

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In accounting and finance, liabilities refer to the amount of money that a person or organization owes to others, such as debts, loans, or outstanding invoices. These are amounts that the individual or organization must pay back in the future. Liabilities are typically listed on the balance sheet of a company or individual and can be categorized into current liabilities, which are due within a year or less, and long-term liabilities, which are due after more than a year. Examples of liabilities include mortgage payments, credit card debt, and outstanding taxes.

Liable

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Liaise

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Liaised

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Liaises

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Liaising

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Liaison

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A liaison is a person or group of people who acts as a link or connection between two or more organizations, departments, or individuals. They work to facilitate communication, coordination, and cooperation between the parties involved, often to achieve a common goal or to resolve a problem.

Liaisons

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Liakoura

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Liakoura is a type of Greek olive oil. It refers to a high-quality olive oil made from Koroneiki and other local olive varieties grown in the region of Kefalonia, Greece.