liability

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lia|bil|ity /l'aɪəb'ɪlɪti/ (liabilities)
1 [N-COUNT] usu sing
If you say that someone or something is a liability, you mean that they cause a lot of problems or embarrassment.
As the president's prestige continues to fall, they're clearly beginning to consider him a liability.
...what was once a vote catching policy, is now a political liability.
2 [N-COUNT] usu pl
A company's or organization's liabilities are the sums of money which it owes. (BUSINESS or LEGAL)
The company had assets of $138 million and liabilities of $120.5 million.
≠ asset
3
see also liable

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