Share this entry

Share this page

liability

Pronunciation: /ˌlaɪəˈbɪləti/

Translation of liability in Spanish:

noun/nombre (plural -ties)

  • 1 uncountable/no numerable 1.1 (responsibility) responsabilidad (feminine) to deny/admit liability for sth negar*/admitir ser responsable de algo (before noun/delante del nombre) liability insurance seguro (masculine) contra terceros
    Example sentences
    • For the other sectors, balance sheet data are limited to financial assets and liabilities.
    • We want to retire with the largest possible pot of assets and the least amount of liabilities.
    • This will include taking into account accrued liabilities and assets.
    1.2 uncountable/no numerable (eligibility) tax liability pasivo (masculine) exigible en concepto de impuestosliability for sth his liability for military service su obligación de prestar servicio militar 1.3 (proneness) liability to sth/to + infinitive/infinitivo propensión (feminine)a algo/+ infinitive/infinitivo
  • 2
    (liabilities plural)
    (debt) [Finance] pasivo (masculine) current liabilities pasivo circulante fixed o long-term liabilities deudas (feminine plural) a largo plazo we are unable to meet our liabilities no podemos hacer frente a nuestras obligaciones
    Example sentences
    • She gave birth to a healthy child, and the respondents accepted liability for negligence.
    • The distinction between liability for acts and liability for omissions is well known.
    • There is no legal prohibition denying the Community the right to accept liability for private acts of its servants.
  • 3 (drawback, disadvantage) handicap (masculine) she's a positive liability for the team es un verdadero lastre or handicap para el equipo the car turned out to be a liability el coche terminó dándonos más problemas que otra cosa
    Example sentences
    • One could expect that Junior's presence will become a liability once he spells out his plan.
    • When wildlife is perceived to be a danger and a liability, it compromises the very basis of conservation.
    • Girls would not be seen as a burden or a liability if they were guaranteed an equal right to inheritance and property.

Definition of liability in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day anoche
adv
last night …
Cultural fact of the day

The Defensor del pueblo is an ombudsman nominated by the Spanish Parliament to defend the rights of citizens against government maladministration. If he upholds a complaint he advises the administration on appropriate compensation. This post, under the same name, also exists in some Latin American countries.