Liability vs Promise - What's the difference?
liability | promise | Related terms |
the condition of being liable.
an obligation, debt or responsibility owed to someone.
* 1901 , , (w, The Monkey's Paw)
a handicap that holds one back.
the likelihood of something happening.
An oath or affirmation; a vow.
A transaction between two persons whereby the first person undertakes in the future to render some service or gift to the second person or devotes something valuable now and here to his use.
* 1668 July 3rd, , “Thomas Rue contra'' Andrew Hou?toun” in ''The Deci?ions of the Lords of Council & Se??ion I (Edinburgh, 1683),
Reason to expect improvement or success; potential.
* Washington Irving
* {{quote-book, year=1963, author=(Margery Allingham), chapter=1
, title=(The China Governess) (computing, programming) A placeholder object that can be manipulated in code before it has been assigned a value.
(obsolete) Bestowal or fulfillment of what is promised.
* Bible, Acts i. 4
To commit to something or action; to make an oath; make a vow.
* {{quote-magazine, date=2013-06-22, volume=407, issue=8841, page=70, magazine=(The Economist)
, title= To give grounds for expectation, especially of something good.
* {{quote-book, year=1897, author=
, title=(The Celebrity), chapter=1
Liability is a related term of promise.
As nouns the difference between liability and promise
is that liability is the condition of being liable while promise is an oath or affirmation; a vow.As a verb promise is
to commit to something or action; to make an oath; make a vow.liability
English
Noun
(wikipedia liability) (liabilities)- "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."
Antonyms
* assetDerived terms
* enterprise liability * secondary liability * vicarious liabilitypromise
English
Alternative forms
* promyseNoun
(en noun)pages 547–548
- He pur?ued Andrew Hou?toun upon his promi?e , to give him the like Sallary for the next year, and in ab?ence obtained him to be holden as confe?t and Decerned.
- My native country was full of youthful promise .
citation, passage=The original family who had begun to build a palace to rival Nonesuch had died out before they had put up little more than the gateway, so that the actual structure which had come down to posterity retained the secret magic of a promise rather than the overpowering splendour of a great architectural achievement.}}
- He commanded them that they should not depart from Jerusalem, but wait for the promise of the Father.
Verb
(promis)Engineers of a different kind, passage=Private-equity nabobs bristle at being dubbed mere financiers.
- The clouds promise rain.
citation, passage=I liked the man for his own sake, and even had he promised to turn out a celebrity it would have had no weight with me. I look upon notoriety with the same indifference as on the buttons on a man's shirt-front, or the crest on his note-paper.}}