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A liability can mean things are going really bad an other people don't care about your feelings. But who cares right!

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

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 one year

• Disambiguation pages