liability (noun)
31limited liability — noun Date: 1848 liability (as of a stockholder or shipowner) limited by statute or treaty …
32strict liability — noun Date: 1896 liability imposed without regard to fault …
33enterprise liability — noun A legal doctrine and form of secondary liability under which individual entities can be held jointly liable for some action on the basis of being part of a shared enterprise …
34private limited liability company — noun A limited liability company that is not a public corporation …
35limited liability company — noun A type or form of for profit incorporated company where ownership is divided into shares, and where the governing rules are set forth in a contract entered into by all of the initial shareholders. The name derives from the fact that… …
36strict liability — noun Law liability which does not depend on actual negligence or intent to harm …
37public liability insurance — noun insurance which protects the policyholder against risks involving liability to the public for legal damages occasioned by negligence …
38automobile liability insurance — noun : insurance against loss from or legal liability for damages arising out of ownership, maintenance, or operation of a motor vehicle …
39bodily injury liability insurance — noun or bodily injury insurance : insurance against loss from legal liability of the insured for bodily injury to others especially when caused by accident …
40capital liability — noun 1. : the capital stock of a company representing the ownership interest for which the company is answerable to its stockholders even though a debtor and creditor relationship does not exist 2. : a fixed liability (as a bond or mortgage)… …
