Adjectives for Liability

Adjectives For Liability

Discover the most popular adjectives for describing liability, complete with example sentences to guide your usage.

Updated on March 16, 2024

Understanding the array of adjectives used with the noun 'liability' can significantly change its context and meaning. A 'limited liability' suggests a restriction on the amount for which an individual or company is responsible, often used in legal and business contexts. 'Strict liability', on the other hand, imposes accountability without fault, commonly seen in legal scenarios. The term 'personal liability' highlights individual responsibility, which can relate to both personal and business realms. Meanwhile, 'legal', 'criminal', and 'civil' liabilities distinguish the types of laws and regulations applied. Each adjective nuances 'liability' with layers of specificity, painting a broader picture of accountability and responsibility. Explore the full list of adjectives below to grasp the depth of 'liability'.
limitedThe LLC structure provides its owners with limited liability
strictThe defendant was held liable under the theory of strict liability
personalThe business owner has personal liability for the debts of the business.
legalShe warned them if he died they would have legal liability for failing to treat his injuries.
criminalThe company's criminal liability was determined by the court.
civilThe company is facing civil liability for the damage caused by their negligence.
unlimitedThe partners in this business have unlimited liability for the debts of the company.
potentialThe company has a potential liability of $100 million.
vicarious
contingentThe contingent liability was disclosed in the financial statements.
jointThe shareholders had joint liability for the company's debts.
financialThe company's financial liability was significantly reduced by the recent acquisition.
totalTotal liability is the sum of all liabilities on the balance sheet.
currentThe company's current liability is $10 million.
individualEach partner carries individual liability for the company's debts and obligations.
contractualThe contractual liability provision outlines the financial consequences of a party failing to meet their obligations as agreed upon in the contract.
greaterGreater liability imposed a heavy burden on the organization's decision-making process.
corporateThe judge addressed the corporate liability of the defendant's actions.
absoluteThe trucking company was held to absolute liability for the damages caused by the accident.
furtherThe company will not be liable for any further liability arising from the breach of contract.
professionalProfessional liability insurance protects businesses from financial losses due to errors or omissions in their services.
statutoryThe company faced statutory liability for its negligence in handling hazardous materials.
additionalThe policy included an additional liability clause.
possibleIn such cases, the company faces possible liability for negligent supervision.
deferredThe deferred liability represents the financial obligation of the company that will be payable in the future.
lessThe buyer had less liability due to the warranty's terms.
doubleThe shareholders of the bank are subject to double liability
futureThe balance sheet reflects the future liability of the company.
federalThe defendant's federal liability for damages is not limited to the specific relief requested in the complaint.
environmental
nonWe recommend you read the non liability section of the contract.
seriousThe company was found to be in serious liability for the accident.
unfundedThe unfunded liability of the pension plan is a major concern for the company's long-term financial health.
netThe company's net liability was $10 million.
municipalThe board of education failed to provide adequate security, resulting in municipal liability for the student's injuries.
maximumThe insurance policy had a maximum liability of one million dollars.
termThis term liability was established by the FASB.
asset
greatest
tortiousThe company was found liable for tortious liability in the lawsuit.
secondary
geneticHer genetic liability for developing the disease is relatively low.
ultimateThe ultimate liability for any damages caused by the software rests with the user.
collectiveThe collective liability of the partners in a partnership means that each partner is responsible for the debts of the partnership.
antitrustThe company faces antitrust liability for its anti-competitive practices.
consequentThe negligent company was found to have consequent liability for the accident.
minimumI will accept minimum liability for the damages.
correspondingThe company has a corresponding liability of $1 million.
outstandingThe company has an outstanding liability of $10 million.
partyThe insurance company will not be liable for any party liability
governmentalThe fire department's negligence in responding to the call resulted in governmental liability
penalThe company was found to be in penal liability for the environmental damage caused.
definiteThis product has been identified as a definite liability and shouldn't be used.
electoralUnfavorable press coverage can be an electoral liability for the candidate.
pecuniaryThe contract does not exclude pecuniary liability for personal injury or death.
excessThe company's excess liability insurance provides coverage for claims that exceed the limits of the primary policy.
peculiarThe peculiar liability was not mentioned in the contract and was later added as an amendment.
taxThe company has a significant tax liability in the United States.

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