Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
business liability insurance — ➔ insurance * * * business liability insurance UK US noun [U] ► INSURANCE insurance taken out by a company to protect against injury or damage caused by a problem with a product or a failure by an employee: »Every business owner should shop for… … Financial and business terms
Business Liability Insurance — Insurance that protects a company and/or business owner in the event of a formal lawsuit or other third party claim. Coverage includes any financial liability incurred in addition to expenses related to the company s legal defense. There are… … Investment dictionary
Small Business Liability Relief and Brownfields Revitalization Act — The Small Business Liability Relief and Brownfields Revitalization Act (Pub .L.No. 107 118, 115 stat. 2356, the Brownfields Law ) was signed into law by President George W. Bush on January 11 2002. The Brownfields Law amended the Comprehensive… … Wikipedia
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
business judgment rule — n: a rule of law that provides corporate immunity to directors of corporations protecting them from liability for the consequences of informed decisions made in good faith Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. business… … Law dictionary
liability insurance coverage — Insurance that provides compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your car or your home, or to cover actions you take in the course of … Law dictionary
business trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. business trust … Law dictionary
business property and liability insurance — ➔ insurance … Financial and business terms
Business valuation — is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. Valuation is used by financial market participants to determine the price they are willing to pay or receive to consummate a sale of a… … Wikipedia
Business overhead expense disability insurance — Business overhead expense (BOE) disability insurance pays the insured’s business overhead expenses if he or she becomes disabled. A BOE policy pays a monthly benefit based on actual expenses, not anticipated profits. It is designed for businesses … Wikipedia
