liability, vicarious

liability, vicarious

Collins dictionary of law. . 2001.

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  • vicarious liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. vicarious liability …   Law 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

  • vicarious liability — ➔ liability * * * vicarious liability UK US noun [U] LAW ► legal responsibility for other people s actions, especially those of your employees or customers: »The van driver s employer could be sued for negligence under the principle of vicarious… …   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 [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM …   Financial and business terms

  • 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

  • Vicarious Liability — A situation in which one party is held partly responsible for the unlawful actions of a third party. The third party also carries his or her own share of the liability. Vicarious liability can arise in situations where one party is supposed to be …   Investment 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 — 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

  • vicarious — vi·car·i·ous /vī kar ē əs/ adj: imposed on one person in place of another see also vicarious liability at liability 2b vi·car·i·ous·ly adv vi·car·i·ous·ness n …   Law dictionary

  • Vicarious — may refer to:Entertainment* Vicarious, a single by the progressive rock band Tool * Vicarious , a song by Cadence Weapon from the album Breaking Kayfabe * Vicarious , a Breakbeat, Electro and Drum Bass DJ living and playing in Bristol, UK. *… …   Wikipedia

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