liability for loss
1Vienna Convention on Civil Liability for Nuclear Damage — Background In September 1997, many of the world s governments took a significant step forward in improving the liability regime for nuclear damage. At a Diplomatic Conference at International Atomic Energy Agency (IAEA) Headquarters in Vienna, 8… …
2liability — li·a·bil·i·ty /ˌlī ə bi lə tē/ n pl ties 1: the quality or state of being liable 2: something for which one is liable: as a: a financial obligation: debt tax liability the bonds …
3liability insurance — n: insurance against loss resulting from civil liability for injury or damage to the persons or property of others see also comprehensive general liability insurance Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
4Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …
5liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid …
6liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …
7liability — The word is a broad legal term. Mayfield v. First Nat. Bank of Chattanooga, Tenn., C.C.A.Tenn., 137 F.2d 1013, 1019. It has been referred to as of the most comprehensive significance, including almost every character of hazard or responsibility,… …
8liability insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… …
9liability insurance — noun insurance that provides protection from claims arising from injuries or damage to other people or property • Hypernyms: ↑insurance * * * noun : insurance against loss resulting from liability for injury or damage to the persons or property… …
10liability — /ˌlaɪə bɪlɪti/ noun 1. a legal responsibility for damage, loss or harm ● The two partners took out insurance to cover employers’ liability. ♦ to accept liability for something to agree that you are responsible for something ♦ to refuse liability… …
