The term 'OPPOSITE OF A LIABILITY' can be answered with the five-letter word 'ASSET'. An ASSET is something that has value and can be owned or controlled to produce positive value. Assets are typically divided into two categories: tangible assets, such as land, buildings, and equipment; and intangible assets, such as intellectual property, copyrights, and trademarks. Liabilities, on the other hand, are obligations or debts that must be paid off. Examples of liabilities include accounts payable, loans, and mortgages. Therefore, an ASSET is the opposite of a liability, as it is something that adds value to a company or individual.