I'm not using liability in the accounting context, but in the colloquial one. > a person or thing whose presence or behavior is likely to cause embarrassment o

I'm not using liability in the accounting context, but in the colloquial one. > a person or thing whose presence or behavior is likely to cause embarrassment or put one at a disadvantage. Code is absolutely a liability. Code deteriorates as conditions change, and unchanged code also becomes more vulnerable in a way that conventional objects can't.