Added 9 October 2026 liability /laɪəˈbɪlɪti/ noun Categories: Describing WordsEveryday Words noun ! Definition from WordNet 3.1, Princeton University. Pronunciation from Wiktionary, via Kaikki.org. More about liability at Wordnik → Where our words come from → The state of being legally obliged and responsible. An obligation to pay money to another party. The quality of being something that holds you back. Related Words: indebtednessdettedebtobligationprosecutiondutypayablecompensationownershipdebtor Back to today's word