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IELTS BNC: 1908 COCA: 4121

liability

Word family
li·a·bil·i·ty /ˌlaɪəˈbɪləti/ ●○○ noun  
1 [uncountableU]OWE legal responsibility for something, especially for paying money that is owed, or for damage or injury 〔尤指法律上对还款、赔偿等的〕责任,义务
liability for
 Tenants have legal liability for any damage they cause.
承租人造成任何损坏都要负法律责任。
liability to
 your liability to capital gains tax
缴付资本利得税的义务
liability to do something
 The court ruled there was no liability to pay any refund.
法院判定无需退款。
2. liabilities [plural] technicalOWE the amount of debt that must be paid 负债,债务 OPP assets
3 [singular]DISADVANTAGE someone or something that is likely to cause problems for someone 惹麻烦的人[事物]
 A kid like Tom would be a liability in any classroom.
像汤姆这样的孩子放到任何班上都是个累赘。
liability to
 The outspoken minister has become a liability to the government.
这位直言不讳的部长成了政府的麻烦。
4. liability to something lawEFFECT/INFLUENCE the amount by which something is likely to be affected by a particular kind of problem, illness etc 易受某事物影响的程度
Examples from the Corpus
limited liability
nCOLLOCATIONS
ADJECTIVES/NOUN + liability
full liability (=complete responsibility)
The driver of the other car accepted full liability for the accident.
limited liability (=when someone is responsible for damages or debts for a limited amount of money)
Limited liability encourages managers to take more risks with shareholder funds than they would otherwise.
unlimited liability (=when someone is responsible for damages or debts for the full amount of money)
Under the agreement, the insurance company has unlimited liability.
legal liability (=responsibility for something that is covered by laws)
What is the legal liability of an employer in the event of an accident at work?
criminal liability (=responsiblity for injury or damage covered by criminal law)
A child under the age of ten cannot face criminal liability for its acts.
civil liability (=responsiblity for injury or damage covered by civil law)
A company operating a ship which spills oil into the sea will face civil liability.
tax liability (=a legal responsibility to pay tax)
The government is planning to increase the tax liability on company cars.
personal liability (=when an individual person is legally responsible)
Directors can incur personal liability for errors made by their companies.
verbs
have liability
The parents of these children may have some liability.
accept/admit liability
The company accepts no liability for any loss, inconvenience, or delay caused by a cancellation of train services.
assume liability (=take the responsibility for something, which you did not have before)
You would then assume the tax liability for the account.
incur liability (=be in a situation in which you must take responsibility for something)
The transfer of property will not incur a liability to inheritance tax.
deny liability (=say you are not responsible for something)
The defendants continued to deny liability for Peck's death.
escape/avoid liability
The defendant escaped liability by proving that he had taken all possible measures to avoid the accident.
liability + NOUN
a liability claim (=a claim that someone is legally responsible)
A liability claim was made by a consumer injured by the product.
liability insurance/cover (=insurance that protects you against a liability claim)
Many house and contents insurance policies have provision for liability insurance for claims of negligence against you.
Examples from the Corpus
From Longman Business Dictionary
liabilityli·a·bil·i·ty /ˌlaɪəˈbɪləti/ noun (plural liabilities)
1[countableC usually plural]ACCOUNTINGFINANCE an amount of money owed by a business to a supplier, lender etc
In its bankruptcy filing, the company listed liabilities of $363.7 million and assets of $141.3 million.
The business has a liability as it owes money to the mortgage provider.
assumed liabilities contingent liabilities current liabilities deferred liabilities deposit liabilities external liabilities fixed liabilities secured liabilities tax liability
2[uncountableU]LAW the responsibility that a person or organization has for loss, damage, or injury caused to others, or for payment of debts
liability for
The new law would double airlines’ liability for lost luggage to $2,500.
The company admitted liability for its negligence from the start.
The firm has denied liability, and isn’t discussing settlement terms.
see also admission of liability, limitation of liability
civil liability criminal liability employer liability joint and several liability legal liability limited liability personal liability product liability professional liability sequential liability strict liability tax liability unlimited liability vicarious liability
li·a·bil·i·ty nounn COLLOCATIONS1
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