liability

debts or obligations related to money

the amount of tax that a person or company owes

a large amount of money that is owed

responsibility according to the law

responsibility for a crime

complete legal responsibility for something

legal responsibility for damage or injury, even if not at fault

to owe money; to have debts

to have enough money to pay for debts

to decrease the amount of money owed

to succeed in paying debts as they become due

to assume control and responsibility for existing debts

to accept responsibility for debts, often when buying a business

to formally pay off all debts

to agree that you are legally responsible

to be legally responsible for something

to state that you are not legally responsible

to confess to being legally responsible

to reduce the extent of one's legal responsibility

to take on the legal responsibility for something

to escape from being legally responsible

to admit or recognize that you are legally responsible

used to indicate who the money is owed to

used to indicate what someone is responsible for