liability

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LIABILITY Definition & Meaning - Merriam-Webster
1 ... a ... the quality or state of being liable ... was cleared of liability for the accident ... b ... probability ... 2 ... something for which one is ... www.merriam-webster.com
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LIABILITY | definition in the Cambridge English Dictionary
the responsibility of a person, business, or organization to pay or give up something of value: [ U ] He denies any liability in the accident. dictionary.cambridge.org
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liability | Wex | US Law | LII / Legal Information Institute
Liability means a party is legally responsible for something, based on their actions, inactions, or the actions of others they are responsible for. www.law.cornell.edu
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liability
liability (laɪəˈbɪlɪtɪ) [f. liable + -ity.] 1. Law. The condition of being liable or answerable by law or equity.1794–1809 E. Christian Note in Blackstone's Comm. III. 165 It exempts them from all liability to answer for a loss occasioned by fire. 1817 W. Selwyn Law Nisi Prius (ed. 4) II. 1031 Of th... Oxford English Dictionary
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Understanding Liabilities: Definitions, Types, and Key Differences ...
A liability is something that a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits. www.investopedia.com
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What Is Liability? - FindLaw
Liability is a broad term for the state of being responsible for or in debt. Liabilities are found in the law and accounting. www.findlaw.com
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Liability
Liability may refer to: Law Legal liability, in both civil and criminal law Public liability, part of the law of tort which focuses on civil wrongs , a 2013 film Music Liability (album), a 2015 album by Prof "Liability" (song), a song by Lorde from the 2017 album Melodrama "Liability", a song by wikipedia.org
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Lorde - Liability - YouTube
Get Lorde's Melodrama album here: https://Lorde.lnk.to/PureHeroineYD Listen to more Lorde: https://Lorde.lnk.to/LordeID Buy official merch ... www.youtube.com
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Liability (financial accounting) - Wikipedia
A liability is a quantity of value that a financial entity owes. More technically, it is value that an entity is expected to deliver in the future. en.wikipedia.org
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What Is Liability Insurance (Liability Coverage)? - Allstate
Liability insurance is a common coverage type in a wide variety of insurance policies, including property insurance, small business insurance and more. www.allstate.com
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Liability - Legal Dictionary | Law.com
n. one of the most significant words in the field of law, liability means legal responsibility for one's acts or omissions. Failure of a person or entity ... dictionary.law.com
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LIABILITY - Black's Law Dictionary
The state of being bound or obliged in law or justice to do, pay, or make good something; legal responsibility. thelawdictionary.org
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liability
liability/ˌlaɪəˈbɪlətɪ; ˌlaɪə`bɪlətɪ/ n1 [U] ~(for sth) state of being liable (对某事物)有责任或义务 liability for military service 服兵役的义务 Don't admit liability for the accident. 不要承认对事故有责任.2 [C] (infml 口) handicap 妨碍; 不利 Because of his injury Jones was just a liability to the team. 琼斯负了伤, 成为全队的累赘. Cf 参看 asse... 牛津英汉双解词典
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Absolute Liability and Strict Liability: Explanation and Differences
Forced accountability is the hallmark of strict liability, in contrast to negligence-based liability which takes into account how much care or caution was taken. The latter forms of defence are inapplicable in the former. Under strict liability, both individuals and corporations bear the full responsibility for any harm they cause.
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General Liability Vs. Professional Liability Insurance - Forbes
Sep 21, 2023General liability insurance is a type of small business insurance that covers your company for accidental property damage and injuries to others. It also covers your legal costs for problems such ...
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