different between liability vs guilt

English

Etymology

From liable +? -ity.

Pronunciation

• IPA^(key): /la???b?l?ti/
• Hyphenation: li?abil?ity

Noun

liability (countable and uncountable, plural liabilities)

1. An obligation, debt or responsibility owed to someone.
   • 1901, W. W. Jacobs, The Monkey's Paw

     "I was to say that Maw and Meggins disclaim all responsibility," continued the other. "They admit no liability at all, but in consideration of your son's services they wish to present you with a certain sum as compensation."

2. A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; an individual or action that exposes others to greater risk.
   • 2016 January 31, "Is Huma Abedin Hillary Clinton’s Secret Weapon or Her Next Big Problem?," Vanity Fair (retrieved 21 January 2016):

     Asked if at some point Huma becomes a liability to Hillary, the long-term Clinton insider replies, “It’s like anything else. I don’t think so, but you know I don’t have any idea. Hillary is very loyal, but she’s obviously pragmatic.”

3. The likelihood of something happening.
4. The condition of being susceptible to something.

Antonyms

• asset

Derived terms

• enterprise liability
• limited liability
• limited liability company
• secondary liability
• strict liability
• vicarious liability

Translations

Anagrams

• alibility

English

Pronunciation

• IPA^(key): /??lt/
• Rhymes: -?lt
• Homophone: gilt

Etymology 1

From Middle English gilt, gult, from Old English gylt (“guilt, sin, offense, crime, fault”), of obscure origin. Perhaps connected with Old English ?ieldan (“to yield, pay, pay for, reward, requite, render, worship, serve, sacrifice to, punish”), whence yield.

Noun

guilt (usually uncountable, plural guilts)

1. Responsibility for wrongdoing.

   Antonym: innocence

2. (law) The state of having been found guilty or admitted guilt in legal proceedings.

   Antonym: innocence

3. The regret of having done wrong.

   Synonym: remorse

Derived terms

Translations

See also

• regret

Etymology 2

From Middle English gilten, gylten, from Old English gyltan (“to commit sin, be guilty”), from gylt (“guilt, sin, offense, crime, fault”).

Verb

guilt (third-person singular simple present guilts, present participle guilting, simple past and past participle guilted)

1. (intransitive, obsolete) To commit offenses; act criminally.
2. (transitive) To cause someone to feel guilt, particularly in order to influence their behaviour.