Bible Dictionaries
Liability

Webster's Dictionary

(1):

(n.) the sum of one's pecuniary obligations; - opposed to assets.

(2):

(n.) The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law.

(3):

(n.) That which one is under obligation to pay, or for which one is liable.

Bibliography Information
Webster, Noah. Entry for 'Liability'. Noah Webster's American Dictionary. https://www.studylight.org/​dictionaries/​eng/​web/​l/liability.html. 1828.