What are the aspects associated with working in a 'liberal arts environment' in academia? I am asking with respect to decoding a job ad for an assistant professor position at a US University. The ad essentially asks how my talents and goals relate to a 'liberal arts environment'. Previously I associated 'liberal arts' with the major that goes by that name, or thought that it simply meant well-rounded, which is something a student could get at any school. So I guess another version of my question is, what isn't a liberal arts environment at a US university?
There is an important distinction to make between a "liberal arts college" and a liberal arts environment in general.

The former indicates a particular kind of school, normally without graduate schools and professional degree programs, which specializes largely in undergraduate education. While faculty and students do participate in research activities, they are not nearly as extensive or as important as at research universities.

The liberal arts environment, on the other hand, is the tradition in which essentially all modern Western university operates.