accept a liability

accept a liability
index promise (vow)

Burton's Legal Thesaurus. . 2006

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  • liability — n. 1) to accept, acknowledge, assume, incur, take on a liability 2) full; limited liability 3) a liability for (we assumed full liability for our children s debts) * * * [ˌlaɪə bɪlɪtɪ] acknowledge assume incur limited liability take on a… …   Combinatory dictionary

  • accept — ► VERB 1) agree to receive or undertake (something offered or proposed). 2) regard favourably or with approval. 3) believe or receive as valid or correct. 4) take on (a responsibility or liability). 5) tolerate or submit to. DERIVATIVES… …   English terms dictionary

  • accept */*/*/ — UK [əkˈsept] / US verb Word forms accept : present tense I/you/we/they accept he/she/it accepts present participle accepting past tense accepted past participle accepted Get it right: accept: Don t confuse agree and accept. When you want to say… …   English dictionary

  • accept — ac|cept [ ək sept ] verb *** ▸ 1 take something offered ▸ 2 agree to a suggestion ▸ 3 believe something is true/right ▸ 4 recognize a bad situation ▸ 5 let someone join/be part of something ▸ 6 consider good enough ▸ 7 take a form of payment 1. ) …   Usage of the words and phrases in modern English

  • accept — verb 1 take/receive ADVERB ▪ eagerly, gladly, graciously, gratefully, willingly ▪ She graciously accepted my apology. ▪ reluctantly …   Collocations dictionary

  • liability — noun 1 responsibility ADJECTIVE ▪ full ▪ legal ▪ strict ▪ criminal VERB + LIABILITY ▪ have …   Collocations dictionary

  • liability — /ˌlaɪə bɪlɪti/ noun a legal responsibility for damage or loss, etc. ● The brand name has become a liability to the company. ♦ to accept liability for something to agree that you are responsible for something ♦ to refuse liability for something to …   Marketing dictionary in english

  • liability — /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… …   Dictionary of banking and finance

  • accept — verb 1》 consent to receive or undertake (something offered). 2》 regard with approval. 3》 believe to be valid or correct. 4》 take on (a responsibility or liability).     ↘tolerate or submit to (something undesirable). Derivatives acceptance noun… …   English new terms dictionary

  • Limited liability — is a concept whereby a person s financial liability is limited to a fixed sum, most commonly the value of a person s investment in a company or partnership with limited liability. A shareholder in a limited company is not personally liable for… …   Wikipedia

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