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(l°bl"t), n.; pl. Liabilities (-tz). 1. The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law. 2. That which one is under obligation to pay, or for which one is liable. Specifically, in the pl., the sum of one's pecuniary obligations; -- opposed to assets. Limited liability. See Limited company, under Limited. スポンサード リンク
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