A labile verb pair is a °verb pair occurring in a °valency alternation where the °P-argument of the transitive alternant corresponds to the °S-argument of the intransitive alternant.
Labile verb pairs are often called simply "labile verbs", treating both verbs as belonging to the same lexeme. For example, one might says that English break can be used transitively (I broke it) and intransitively (it broke), and English eat can be used transitively (I ate it) and intransitively (I ate). ❡
In an alternative usage (e.g. Letuchiy 2009), "labile" has a broader sense, referring to verb pairs occurring in all kinds of transitivity alternations.
labile (a.k.a. ambitransitive, lexical causative) (STR) = a strategy in which the verb expressing a noncausal event and the verb expressing its counterpart causal event are identical. Example: in English, the same verb break is used for the causal event I broke the vase and the noncausal event The vase broke. (Section 6.3.4)