subject to a liability
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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
Liability — 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 … Financial and business terms
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
Subject-to — is a way of purchasing property when there is an existing lien (i.e., Mortgage, Deed of Trust). It is defined as: Acquiring ownership to a property from a seller without paying off the existing liens secured against the property. It is a way of… … Wikipedia
liability — 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,… … Black's law dictionary
liability — 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,… … Black's law dictionary
Liability — (Roget s Thesaurus) < N PARAG:Liability >N GRP: N 1 Sgm: N 1 liability liability liableness Sgm: N 1 possibility possibility contingency Sgm: N 1 susceptivity susceptivity susceptibility PARAG:Liability >V GRP: V 1 Sgm … English dictionary for students
liability — I (New American Roget s College Thesaurus) Responsibility Nouns 1. liability, liableness, responsibility, possibility, probability, contingency, susceptibility; duty; liabilities, debts (see debt); drawback (see hindrance). See tendency. 2.… … English dictionary for students
subject — I (New American Roget s College Thesaurus) n. topic, theme; matter; liege, vassal, citizen. See grammar, thought, servant, teaching. v. t. reduce, control, restrain, tame; treat, expose. See subjection, thought. adj. liable, conditioned (upon).… … English dictionary for students
subject — I. noun Etymology: Middle English suget, subget, from Anglo French, from Latin subjectus one under authority & subjectum subject of a proposition, from masculine & neuter respectively of subjectus, past participle of subicere to subject,… … New Collegiate Dictionary
