Amyloidosis is a group of diseases that are a consequence of abnormal protein deposits in various tissues of the body. These abnormal proteins are called amyloid.
DEFINITION of 'Accountant's Liability'. An accountant's legal liability while performing professional duties. An accountant is liable for a client's accounting misstatements. This risk of being responsible for fraud or misstatement forces accountants to be knowledgeable and employ all applicable accounting standards.
noun. Liability is defined as the state of being responsible for something or something that someone is responsible for. 1  An example of liability is a person having to pay back student loans. 2  An example of liability is payment for a car accident.