Main Entry: li·a·bil·i·ty

Pronunciation: \ˌlī-ə-ˈbi-lə-tē\

Function: noun

Inflected Form(s): plural li·a·bil·i·ties

Date: 1705

1 a : the quality or state of being liable b : probability
2 : something for which one is liable; especially : pecuniary obligation : debt —usually used in plural
3 : one that acts as a disadvantage : drawback