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Indebt vs Liability - What's the difference?

indebt | liability |

As a verb indebt

is (archaic) to bring into debt; to place under obligation.

As a noun liability is

the condition of being liable.

indebt

English

Verb

(en verb)
  • (archaic) To bring into debt; to place under obligation.

    • Usage notes

    * Chiefly used in the participle (indebted).

    Hypernyms

    * obligate

    Derived terms

    * indebted (adjective)

    liability

    English

    Noun

    (wikipedia liability) (liabilities)
  • the condition of being liable.
  • an obligation, debt or responsibility owed to someone.
  • * 1901 , , (w, 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."
  • a handicap that holds one back.
  • the likelihood of something happening.

    • Antonyms

    * asset

    Derived terms

    * enterprise liability * secondary liability * vicarious liability