English Lexicon

Liability

/ˌlaɪ.əˈbɪl.ɪ.ti/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

1 sense
As noun
  1. 1

    The state of being responsible for something, especially by law.

    "The company denied any liability for the damage."

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Linguistic Origin & Historical Etymology

The term 'liability' originates from the Latin word 'liberare', meaning 'to free', which evolved through Old French 'liabilité' in the late 14th century. The modern sense of the term relates to being bound or obligated, particularly in legal and financial contexts.

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