- special liability
- particularly high legal responsibility, great responsibility
English contemporary dictionary. 2014.
English contemporary dictionary. 2014.
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
Special Drawing Rights — (SDRs) is a potential claim on the freely usable currencies of International Monetary Fund members. SDRs have the ISO 4217 currency code XDR.DefinitionSDRs are defined in terms of a basket of major currencies used in international trade and… … Wikipedia
liability for animals — the special area of law dealing with civil liability of people for the behaviour of animals. In England, prior to the Animals Act 1971, the owner was liable for an animal of a dangerous species – ferae naturae – or for one that was not of such a… … Law dictionary
special duty doctrine — n: an exception to the public duty doctrine that imposes liability for injury on a government entity when there is a special duty owed to the plaintiff but not to the public at large – called also special duty exception; ◇ The special duty… … Law dictionary
Liability — Liability is usually, a legal obligation to pay a definite or reasonably certain amount at a definite or reasonably certain time in return for a current benefit. Some of the criteria are not met by items classified as liabilities where there… … International financial encyclopaedia
special partner — noun : a partner who may share in the profits of a general partnership registered under law, who contributes property to the capital thereof but must not exercise control over or be active in partnership affairs, and whose liability for… … Useful english dictionary
liability — Legal responsibility, either civil or criminal. The condition of being bound in law and justice to pay an indebtedness or discharge some obligation. Feil v Coeur D Alene, 23 Idaho 32, 129 P 643. The state or condition of a person after he has… … Ballentine's law dictionary
Special Purpose Vehicle/Entity - SPV/SPE — 1. Also referred to as a bankruptcy remote entity whose operations are limited to the acquisition and financing of specific assets. The SPV is usually a subsidiary company with an asset/liability structure and legal status that makes its… … Investment dictionary
special partner — a partner whose liability for the firm s debts is limited to the amount that partner has invested in the firm. Also called limited partner. Cf. general partner. [1820 30, Amer.] * * * … Universalium
Special Report — ▪ 1996 The Contract with America BY NINA MASSEN Fortified with a significant electoral victory on Election Day 1994, Republican leader Newt Gingrich, the new speaker of the U.S. House of Representatives, initiated a 10 point… … Universalium