/ Dictionary / Index L Liberty Island: Meaning and Definition of Find definitions for: Lib'erty Is'land Pronunciation: [key] a small island in upper New York Bay: site of the Statue of Liberty. Formerly, Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. liberty cap Liberty loan Related Content Daily Word Quiz: tactful Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language