liability

Harvard has to spend the money the way the donors have directed, or it risks legal liability.

These assemblies are chosen by lot from the citizenry at large and deliberate on matters of policy, much as trial juries deliberate on matters of civil or criminal liability.

But, in leadership roles, "empathy is a liability, not an asset."

The takeaway: An increase in prices is an arrow moving in the wrong direction – and it represents an enormous potential liability for both Trump's political standing and his party's future electoral prospects.

These credits can significantly lower your liability — or even boost your refund if they’re refundable.