🔤 Liability ✨

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URDU

ذمہ داری، واجب الادا رقم، بوجھ، قرض، رکاوٹ

🅰️ Roman Urdu:

zimmedari, wajib ul ada raqam, bojh, qarz, ruqawat

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ENGLISH

📚noun

liability

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PRONUNCIATION

Standard: /ˌlaɪəˈbɪlɪti/

Phonetic: /ly uh bih lih tee/

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DEFINITION

the state of being legally responsible for something, or a financial debt, disadvantage, or burden

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EXAMPLE SENTENCES

The company accepted full legal liability for the damage caused by the equipment failure. High monthly debt payments can become a serious financial liability for small businesses. His hot temper was considered a major liability during intense business negotiations. Purchasing comprehensive insurance coverage helps protect vehicle owners against accident liability. The accountant compiled a complete list of company assets and outstanding financial liabilities.

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