liability
Definitions
The state of being legally responsible for something.
A person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage.
A debt or financial obligation.
Examples
The company's massive debt became a significant liability during the economic downturn.
You should check your insurance policy to see if it covers personal liability in the event of an accident.
His lack of experience in management proved to be a liability for the startup team.
Synonyms
responsibility accountability burden debt obligation encumbrance disadvantage