Being legally responsible for something — such as a debt, a loss, or the consequences of your actions.
What it means
Liability is legal responsibility for an act, omission, debt or obligation. If you are liable, the law can require you to pay compensation, perform an obligation, or otherwise answer for the consequences.
In Australia, liability can be civil (such as in negligence or contract) or criminal. It may be limited, joint, several, or strict depending on the situation. Establishing liability is often the central question in a dispute — once liability is decided, the focus usually shifts to the amount of damages.
How it's used
The contractor accepted liability for the water damage and agreed to pay for the repairs.
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