Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
liability | Yes | No | No | No |
limited liability | Yes | No | No | No |
liability (noun) | limited liability (noun) |
---|---|
the quality of being something that holds you back | the liability of a firm's owners for no more than the capital they have invested in the firm |
an obligation to pay money to another party | |
the state of being legally obliged and responsible |