liability [,laiə'biləti]

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n. ���Σ�ծ������

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n. financial obligation��indebtedness

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n.   asset��plus

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1. Environment liability insurance is a new type of insurance.
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2. Export procurement centres shall be limited liability companies.
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3. Liability insurance offers a means to protect your business against one of these unfortunate situations.
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n.
  1. the state of being legally obliged and responsible
  2. an obligation to pay money to another party
  3. the quality of being something that holds you back

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liability
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Limited Liability
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vicarious liability
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full liability
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absolute liability
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