noun
liability; legal or financial responsibility
A katakana noun used in legal, insurance, accounting, or business contexts for an obligation, debt, or responsibility. In general Japanese, 責任, 賠償責任, or 負債 may be clearer depending on the context.
この保険は第三者へのライアビリティーをカバーする。
This insurance covers liability to third parties.
契約書では
The scope of liability needs to be made clear in the contract.