liability in a sentence
n.
📚 Grade Level: Grade 8, Grade 9, Grade 10, Grade 11, Grade 12
Definition
Liability refers to a legal or financial obligation or disadvantage that may result in potential loss or harm.
Sample Sentences
- The company faced significant liability after the product recall.
- His lack of experience was seen as a liability in the competitive job market.
- Investors are often wary of potential liabilities when assessing a startup.
- The landlord was held liable for the injuries sustained on the property.
- Understanding your financial liabilities is crucial for effective budgeting.