liability

1. The state of being responsible for something, especially by law.

   synonyms:responsibilityobligation

2. A person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage.

   synonyms:burdenhandicap

The word 'liability' originates from the Latin word 'liabilitas', which means 'a being bound or obligated'. It evolved through Old French before entering the English language in the 14th century.

Liability is commonly used in legal, financial, and everyday contexts to describe responsibilities or obligations one may have.

The term is frequently used in legal and financial discussions, making it relatively common in professional settings while still being understood by the general public.

The company faced liability issues after the accident at the factory.

As a parent, you have a legal liability for your child's actions.

She felt like a liability during the team project, as she struggled to keep up with the workload.

The term 'liability' encapsulates the idea of responsibility and obligation, often with a legal or financial twist. With roots tracing back to Latin, it has a rich history that reflects its importance in matters of law and finance. Whether you're discussing business risks or personal obligations, understanding liability is crucial. It's a term that reminds us of the weight of our responsibilities—an essential concept in both our personal lives and professional dealings.