What we found on the web about Liability
A liability is anything that is a hindrance or puts an individual or group at a disadvantage. Liability may also refer to: legal liability; public liability
Liability insurance is a part of the general insurance system of risk financing. Originally, individuals or companies that faced a common peril, formed a group and created a self ...
noun pl. liabilities-·ties. the state of being liable; anything for which a person is liable; Accounting. a debt of a person or business, as a note payable or a long-term ...
li·a·bil·i·ty (l-b l-t) n. pl. li·a·bil·i·ties. 1. The state of being liable. 2. a. Something for which one is liable; an obligation, responsibility, or debt.
Brief and Straightforward Guide: What is Liability? ... In legal terms, the word liability refers to fault. The person who is at fault is liable to another because of his or her ...
An obligation to pay an amount in money, goods, or services to another party. The balance sheet lists the liabilities. Also called debt. Compare asset.
liability [līəbil′itē] Etymology: L, ligare, to bind. 1 something one is obligated to do or an obligation required to be fulfilled by law, usually financial in nature.
liability, in law, an obligation of one party to another, usually to compensate financially. It is a fundamental aspect of tort tort, in law, the violation of some duty clearly set ...
Find Synonym of liability and Antonym of liability at Thesaurus.com, Synonym, Synonyms, Thesaurus, Synonym Dictionary, Synonyms Dictionary, Antonym, Antonyms, Antonym Dictionary ...
Errors & Omissions Insurance for Bookkeepers ... When great organizations come together to offer a professional liability product specific to Bookkeepers & Tax Preparers the ...
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A liability is anything that is a hindrance or puts an individual or group at a disadvantage.

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