(liabilities)
1.
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.
N-COUNT: usu sing
2.
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
N-COUNT: usu pl
3.