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Liability   /lˌaɪəbˈɪlɪti/   Listen
Liability

noun
(pl. liabilities)
1.
The state of being legally obliged and responsible.
2.
An obligation to pay money to another party.  Synonyms: financial obligation, indebtedness.
3.
The quality of being something that holds you back.



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"Liability" Quotes from Famous Books



... This was in accordance with the instructions to our commissioner, who was told that an indispensable preliminary to the negotiation would, "of course, be an acknowledgment on the part of the Paraguayan Government of its liability to the company." The first paragraph of this second article clearly specifies the object of the convention. This was not to ascertain whether the claim was just, to enforce which we had sent a fleet to Paraguay, but to constitute a commission ...
— A Compilation of the Messages and Papers of the Presidents - Section 4 (of 4) of Volume 5: James Buchanan • James D. Richardson

... process of nature of repairing injury by encysting the cause is of interest to the dentist in the study of suitable filling-materials. Tin is very useful at the cervical margin of cavities; it acts as an antiseptic or preservative, and reduces the liability to subsequent decay. It is our endeavor to obtain a filling that will preserve the teeth and reduce the liability to, if not wholly prevent, secondary decay. The law of correspondence is of more consequence than the mechanical construction ...
— Tin Foil and Its Combinations for Filling Teeth • Henry L. Ambler

... physical strain of the Romanes Lecture and his liability to loss of voice warned him against any future attempt to deliver a course of lectures, he altered his design and prepared to put the substance of these Lectures to Working-Men into a Bible History for young people. And indeed, he had got so far ...
— The Life and Letters of Thomas Henry Huxley Volume 3 • Leonard Huxley

... pure and simple, and then fasten the various parts on to the vase with diluted clay. Don't let any part of the work stand out too prominently; for not only will the shape of the vase be destroyed, but there is always much more liability to damage if the design be very prominent than when it just lies, as it were, closely to the surface of the vase. And yet it is not necessary to put everything perfectly flat on the vase. The stems, for instance, can be raised in places, so that there is a space between the stem and ...
— The Girl's Own Paper, Vol. VIII: No. 356, October 23, 1886. • Various

... our day. Thus he said that the large business firms destroy and devour the small shopkeepers, as a hawk devours sparrows; and these little people or their employes, if they are past middle age, can find no other work. Especially is this the case since the Employers' Liability Acts came into operation, for now few will take on hands who are not young and very strong, as older folk must naturally be more liable ...
— Regeneration • H. Rider Haggard


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