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liability

intermediateB2

/ˌlaɪəˈbɪləti/ · li-a-bil-i-ty

A legal responsibility for something, especially in terms of financial obligations.

Meanings

nounformal

A legal responsibility for something, especially in terms of financial obligations.

کسی چیز کے لیے قانونی ذمہ داری، خاص طور پر مالی حقوق و فرائض کے ضمن میں۔

ذمہ داری

zimmedaari

Formal: قانونی ذمہ داری

Synonyms

responsibilityobligationdebtذمہ داریفریضہمالی ذمہ داری

Antonyms

exemptionfreedomreleaseچھوٹآزادیرہائی

Common Collocations

  • limited liability
  • tax liability
  • civil liability

Example Sentences

The company has a liability to pay its creditors.

کمپنی کے ذمے اپنے کریڈٹ دینے والوں کو ادا کرنے کی ذمہ داری ہے۔

Company ke zimay apne creditoron ko ada karne ki zimmedaari hai.

Liabilities must be reported on the financial statements.

ذمہ داریوں کو مالی بیانات پر رپورٹ کرنا ناگزیر ہے۔

Zimmedariyon ko maali bayanaton par report karna na-ghazir hai.

She is concerned about her liability for the accident.

وہ حادثے کے لیے اپنی ذمہ داری کے بارے میں فکر مند ہے۔

Woh hadse ke liye apni zimmedaari ke bare mein fikr mand hai.

Easily Confused With

asset:An asset is something of value owned by an individual or entity, while a liability is an obligation or debt that one owes.

Word Family

liable
adjectiveذمہ دار
liableness
nounذمہ داری

See Also

💡 Memory Tip

Liability can be remembered as 'lying about your ability to pay debts.'

Imagine a person being weighed down by a large stack of bills, symbolizing their liabilities.

✍️ Urdu Poetry

محبت کی راہ میں آیا جو عزیز، اس کی ذمہ داری میری نہیں رہی |

Mohabbat ki rah mein aaya jo azeez, us ki zimmedaari meri nahi rahi.

In the path of love, the cherished one who came, their responsibility no longer belongs to me.

Unknown, Unverified

* Poetry attribution is AI-generated and may require verification.

🗣️ Urdu Proverb

ذمہ داری اٹھاؤ، کامیابی پاؤ

Zimmedaari uthao, kamiyabi pao

Take responsibility, achieve success.

📖 Etymology

Origin: Latin "liabilitas" — the quality of being liable

First known use: 15th century

The term has been used in legal and business contexts since the early 19th century to describe financial obligations and responsibilities.