Liability is a legal or financial obligation that someone is responsible for, such as debt or potential risk. It can also refer to the state of being legally answerable for something. In everyday use, it often describes financial exposure or responsibility that could lead to loss or liability insurance coverage.
Full pronunciation guide21 of 39 videos
Liability
How to Pronounce Liability
Litigation
How to Pronounce Litigation
Misdemeanor
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Offense
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Opinion
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Parole
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Precedent
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Rehabilitation
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Restorative
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Retribution
How to Pronounce Retribution