economic liability

USAGE SUMMARY

The phrase "economic liability" is correct and usable in written English.
It can be used in contexts discussing financial responsibilities or obligations that may arise from economic activities or decisions. Example: "The company must assess its economic liability before making any major investments to ensure financial stability."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

26 human-written examples

Without public subsidies, including limits on economic liability in the event of an accident, it would not be economically viable.

The New York Times

"Inequality is also an economic liability; inequality costs.

The Guardian

In a modern society children are an economic liability, not an asset.

The Economist

Yet there currently is no mechanism to pay for this massive economic liability for climate change.

Yale University

Solving youth unemployment is a worthy objective – youth unemployment in Australia is a scourge and an economic liability.

The Guardian - Opinion

Ceuta had proved an economic liability, and they believed that possession of the neighbouring city would both ensure Ceuta's safety and provide a source of revenue.

Encyclopedia Britannica

Human-verified similar examples from authoritative sources

Similar Expressions

34 human-written examples

The region's greatest economic liabilities may well be the largest economies: Japan and China.

The New York Times

The societal burden of ASD is debilitating with profound economic liabilities exceeding those of cancer, stroke, and heart disease combined.

Genomic and Precision Medicine Primary Care

As Americans left the farm for the city, children who had been valuable farmhands became economic liabilities, and motherhood became a less valued role for women.

The New York Times

That includes not just tough, well-enforced regulations, economic liabilities and criminal penalties for companies that prove too dangerous, but also positive incentives and public rewards for those that put safety first.

The New York Times

Throughout history these are the categories of people who are not economic players; in fact they have largely been dismissed as economic liabilities.

Huffington Post

Expert writing Tips

Best practice

When discussing potential business ventures, carefully assess the "economic liability" involved to avoid unforeseen financial strain. Always quantify potential liabilities with concrete figures.

Common error

Don't use "economic liability" as a synonym for general expenses. "Economic liability" specifically refers to a potential or existing obligation that can negatively impact finances, not just any cost.

Linguistic Context

The phrase "economic liability" functions as a noun phrase. It refers to a financial obligation or potential risk that an entity is responsible for. Ludwig AI confirms this through numerous examples where the phrase is used as a subject, object, or complement within a sentence.

Expression frequency: Uncommon

Frequent in

News & Media

60%

Academia

20%

Science

20%

Less common in

Formal & Business

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "economic liability" denotes a financial obligation or potential risk, used across various contexts including news, academia, and science. Ludwig AI indicates that the term is grammatically correct and usable in English. While not extremely common, it is consistently employed to identify and categorize potential financial burdens. When using the phrase, consider its specific meaning to avoid confusion with general expenses and quantify liabilities when possible. Alternatives include "financial burden" and "monetary risk". Common sources include The New York Times, The Guardian, and The Economist.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

financial obligation

Directly refers to a duty to fulfill a financial commitment.

financial burden

Focuses on the financial aspect, highlighting the onerous nature of the obligation.

economic risk

Focuses on the potential for financial loss due to economic factors.

monetary risk

Emphasizes the potential for financial loss or exposure.

cost burden

Emphasizes the weight of expenses and their impact.

fiscal exposure

Highlights the potential for financial loss or vulnerability.

fiscal responsibility

Highlights the obligation to manage finances prudently, implying a potential liability if not done correctly.

pecuniary disadvantage

Highlights the detrimental financial impact.

economic encumbrance

Implies something that restricts or burdens economic activity.

monetary encumbrance

Highlights an obstacle in monetary terms.

FAQs

How to use "economic liability" in a sentence?

You can use "economic liability" to refer to potential financial burdens or obligations. For example, "The company assessed the "economic liability" associated with the new project before proceeding".

What are some alternatives to "economic liability"?

Some alternatives include "financial burden", "monetary risk", or "fiscal responsibility", depending on the specific context.

What's the difference between "economic liability" and "financial responsibility"?

"Economic liability" refers to a potential or actual financial burden or obligation, while "financial responsibility" emphasizes the duty to manage finances prudently. The former highlights risk, while the latter emphasizes obligation.

In what contexts is the term "economic liability" most commonly used?

The term "economic liability" is frequently used in contexts related to business, finance, law, and public policy, especially when discussing risk management, regulatory compliance, and corporate governance.