Da legal responsibility for distress and/or damages caused by your live-in crocodile friend.
Clover Sue Hipple's mom initially viewed da large neighborhood reptile as merely a dangerous Lyleability, but then when said green scaly entity saved her little girl from drowning, said formerly-intolerant lady-parent quickly changed her mind and considered said toothy animal a hero and a great friend.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.