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limit of liability

См. также в других словарях:

  • limit of liability — the maximum amount for which an insurance company may be held liable under a given policy …   Useful english 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

  • limit — See price limit, position limit, and variable limit. The CENTER ONLINE Futures Glossary See trading limit. Bloomberg Financial Dictionary A contract s maximum price advance or decline from the previous day s settlement price permitted in one… …   Financial and business terms

  • limit — limitable, adj. limitableness, n. /lim it/, n. 1. the final, utmost, or furthest boundary or point as to extent, amount, continuance, procedure, etc.: the limit of his experience; the limit of vision. 2. a boundary or bound, as of a country, area …   Universalium

  • 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 insurance — insurance covering the insured against losses arising from injury or damage to another person or property. * * * Insurance against claims of loss or damage for which a policyholder might have to compensate another party. The policy covers losses… …   Universalium

  • limit — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ outer ▪ northern, southern, etc. ▪ three mile, etc. ▪ city …   Collocations dictionary

  • limit — 1 / lImit/ noun 1 GREATEST AMOUNT ALLOWED (C) the greatest amount, number, speed etc that is allowed: a 55 mph speed limit (+ to/on): Is there any limit to the amount of time we have? | set a limit (on): attempts to set limits on consumer waste | …   Longman dictionary of contemporary English

  • liability — /luy euh bil i tee/, n., pl. liabilities. 1. liabilities, a. moneys owed; debts or pecuniary obligations (opposed to assets). b. Accounting. liabilities as detailed on a balance sheet, esp. in relation to assets and capital. 2. something… …   Universalium

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