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Meaning of liability in english

WebDictionary English-Spanish liability noun (plural: liabilities) responsabilidad f (often used) (plural: responsabilidades f) The hotel does not assume liability for lost items. El hotel no asume responsabilidad por los objetos perdidos. The insurance policy covers all liabilities. La póliza de seguros cubre todas las responsabilidades. pasivo m WebIn financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is obliged to make to other entities as a result of past transactions or other past events, [1] the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future.

LIABILITY Synonyms: 82 Synonyms & Antonyms for LIABILITY

WebMar 30, 2024 · Liabilities in accounting are money owed to buy an asset, like a loan used to purchase new office equipment or pay expenses, which are ongoing payments for something that has no physical value or for a service. An example of an expense would be your monthly business cell phone bill. WebApr 12, 2024 · If you say that someone or something is a liability, you mean that they … robotime ofertas https://ladonyaejohnson.com

Liability (financial accounting) - Wikipedia

Webliable adjective li· a· ble ˈlī-ə-bəl especially in senses 2 & 3 often ˈlī-bəl 1 : forced by law or … WebBritannica Dictionary definition of LIABILITY 1 [noncount] : the state of being legally responsible for something : the state of being liable for something The company is trying to limit its liability in this case. criminal liability [=the state of being responsible for a crime] Webliable / ( ˈlaɪəbəl) / adjective (postpositive) legally obliged or responsible; answerable susceptible or exposed; subject probable, likely, or capable it's liable to happen soon … robotime music bar

limited sense definition English definition dictionary Reverso

Category:Liability Insurance: What It Is, How It Works, Major Types - Investopedia

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Meaning of liability in english

Limitation of Liability: A General Overview under English Law

Weblimited sense translation in English - English Reverso dictionary, see also 'limited company, limited edition, limited liability, limited monarchy', examples, definition, conjugation WebApr 11, 2024 · liability (Noun) : the state of being legally responsible for something. debit (Noun) : a written note in a bank account or other financial record of a sum of money spent. asset (Noun) : a person or thing that is valuable or useful; a thing of value–property, money, etc. credit (Noun) : an arrangement that you make, to pay later for something ...

Meaning of liability in english

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WebBritannica Dictionary definition of LIABILITY 1 [noncount] : the state of being legally … Webliability: Inglés: Español: be insured against all liability v expr (protected against insurance …

WebGross negligence. A term often found in commercial documents, especially in clauses limiting liability. English civil law has no concept of gross negligence as distinct from simple negligence. However, when this term appears in a contract, the … WebSeveral liability. Arises when two or more persons make separate promises to another person. With several liability, each party is liable only for its own specified obligations. If a party is unable to satisfy its obligation, the responsibility does not pass to other parties. For more information, see Practice note, Joint, several and joint and ...

WebLiability income - Amharic translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Amharic Translator.

Webliability noun (RISK) C1 [ S ] something or someone that causes you a lot of trouble, often …

WebLiable definition, legally responsible: You are liable for the damage caused by your action. … robotime nederlandWebSep 5, 2016 · The term liability refers to a broad spectrum of things a person may be held … robotime minature greenhouseWebMeaning of legal liability in English legal liability noun [ U ] LAW uk us responsibility that … robotime music boxesWebOct 3, 2024 · Limitation of liability provisions are a key aspect of commercial contracts and are often heavily negotiated. Without such provisions, there is no financial limit on the damages a counterparty can recover. ... While some guidance as to the meaning of that term under English law can be gleaned from the case law, it does not have a precise and ... robotime online reviewsWebApr 12, 2024 · liability (laɪəbɪlɪti ) countable noun [usually singular] If you say that someone or something is a liability, you mean that they cause a lot of problems or embarrassment. [...] See full entry for 'liability' Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers COBUILD Collocations liability claim accept a claim robotime model kits for adultsWebSupplementary liability - Afrikaans translation, definition, meaning, synonyms, pronunciation, transcription, antonyms, examples. English - Afrikaans Translator. robotime nancys bake shopWebApr 12, 2024 · noun : insurance against loss resulting from civil liability for injury or damage to the persons or property of others see also comprehensive general liability insurance Dictionary Entries Near liability insurance liability in solido liability insurance liability without fault See More Nearby Entries Cite this Entry Style “Liability insurance.” robotime online tracking