legal liability
Look at other dictionaries:
legal liability — ➔ liability * * * legal liability UK US noun [U] LAW ► responsibility that someone has for their actions, for example the responsibility to pay another person for harm or damage that is a result of these actions: »Failure to comply with the… … Financial and business terms
Legal liability — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts … Wikipedia
legal liability — legal responsibility, legal obligation, responsibility as determined by the law … English contemporary dictionary
legal liability — Liability at law … Ballentine's law dictionary
legal liability — A liability which courts recognize and enforce as between parties litigant. See also legally liable liability strict liability … Black's law dictionary
legal liability — A liability which courts recognize and enforce as between parties litigant. See also legally liable liability strict liability … Black's law dictionary
Water Damage Legal Liability Insurance — A policy that provides financial protection to a person or business that unintentionally causes water damage to the property of another. Water damage legal liability insurance is not included in all policies, so the insured should read his or her … Investment dictionary
liability — 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 … Law dictionary
Legal aspects of file sharing — Part of a series on File sharing Technologies Peer to peer … Wikipedia
liability — 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 … Financial and business terms