n.
Pronunciation: ˌ l ī - ə - ' bi-l ə -t ē
Function: noun
Inflected Form: plural -ties
Date: 1705
1 a : the quality or state of being liable b : PROBABILITY
2 : something for which one is liable especially : pecuniary obligation : DEBT ― usually used in plural
3 : one that acts as a disadvantage : DRAWBACK