### Question
How is the term Liability defined?


### Answer
The term **Liability** is defined in *48 U.S.C. § 2194* as the following:

> a bond, loan, letter of credit, other borrowing title, obligation of insurance, or other financial indebtedness for borrowed money, including rights, entitlements, or obligations whether such rights, entitlements, or obligations arise from contract, statute, or any other source of law related to such a bond, loan, letter of credit, other borrowing title, obligation of insurance, or other financial indebtedness in physical or dematerialized form, of which—


(A) the issuer, obligor, or guarantor is the Government of Puerto Rico

#### Citation:
  - *48 U.S.C. § 2194*
  - Heading: **CHAPTER 20-PUERTO RICO OVERSIGHT, MANAGEMENT, AND ECONOMIC STABILITY > SUBCHAPTER IV-MISCELLANEOUS PROVISIONS**

