Such deals offer the club protection from incurring huge liabilities when players are injured or lose form.
Times, Sunday Times (2009)
Is it possible to sign back the property to her without either of us incurring any tax liabilities?
Times, Sunday Times (2010)
But Britain will still incurliabilities of up to £4.5 billion as a result of its participation in an EU emergency facility and as a shareholder of the IMF.
Times, Sunday Times (2011)
Definition of 'liability'
liability
(laɪəbɪlɪti)Explore 'liability' in the dictionary
countable noun [usually plural]
A company's or organization's liabilities are the sums of money which it owes.