assumed liability

См. также в других словарях:

• 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

• assumed liabilities — ➔ liability * * * assumed liabilities UK US noun [plural] ► ACCOUNTING, FINANCE ASSUMED DEBT(Cf. ↑assumed debt) …   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

• liability — n. 1) to accept, acknowledge, assume, incur, take on a liability 2) full; limited liability 3) a liability for (we assumed full liability for our children s debts) * * * [ˌlaɪə bɪlɪtɪ] acknowledge assume incur limited liability take on a… …   Combinatory dictionary

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

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

• Vicarious liability — This article is about vicarious liability in private litigation; for vicarious liability in criminal law, see Vicarious liability (criminal). Vicarious liability is a form of strict, secondary liability that arises under the common law doctrine… …   Wikipedia

• joint and several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. joint and several liability …   Law dictionary

• Vicarious liability (criminal) — The legal principle of vicarious liability applies to hold one person liable for the actions of another when engaged in some form of joint or collective activity. For the civil law system, see vicarious liability. For liability attributed to a… …   Wikipedia

• limitation of liability — A limitation upon a liability otherwise contracted or assumed by entering into a particular relationship, the most common of which is found in contracts of bailment, limiting the liability of the bailee, 8 Am J2d Bailm § 132, such as a carrier,… …   Ballentine's law dictionary