Misplaced Pages

This is an old revision of this page, as edited by 55378008a (talk | contribs) at 10:01, 4 January 2017 (Shouldn't civil liability redirect to public liability and not legal? If Public liability deals with civil torts and Legal deals with debt wouldnt civil liability be civil torts?). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

A liability can mean something that is a hindrance or puts an individual or group at a disadvantage, or something someone is responsible for, or something that increases the chance of something occurring (i.e., it is a cause).

Liability may also refer in specific fields to:

• Legal liability, the legal bound obligation to pay debts
• Public liability, part of the law of tort which focuses on civil wrongs
• Criminal liability, a concept in criminal law
• Civil liability

Finance

• Liability (financial accounting), a current obligation of an entity arising from past transactions or events
• Accrued liabilities and contingent liability
• Current liability
• Long-term liabilities, liabilities with a future benefit over two months

Other uses

• The Liability, 2013 film

• Disambiguation pages