| LIABILITY
- def. - \Li`a*bil"i*ty\ n.;
pl. Liabilities (-t[i^]z). 1. The
state of being liable; as, the liability
of an insurer; liability to accidents; liability
to the law. 2. That which one is
under obligation to pay, or for which one
is liable. Specifically, in the pl., the
sum of one's pecuniary obligations; |
|
