Antonym: asset. Similar words: reliability, ability, stability, capability, disability, availability, accountability, credibility. Meaning: [‚laɪə'bɪlətɪ] n. 1. the state of being legally obliged and responsible 2. an obligation to pay money to another party 3. the quality of being something that holds you back.
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151. The breach of duty by the Trustee may cause him personal liability, but the standard to determine the breach of duty varies in both theory and practice.
152. If your Card is lost or stolen we ask that you tell us immediately and, unless you have acted fraudulently or negligently, your maximum liability for unauthorized Charges is HK$250.
153. A limited liability partnership is a relatively new form of business organization.
154. These clauses or conditions are signed in order to remit agency problem of the liability and restrictions including accounting number.
155. A client who uses aggressive tactics against you to get their way is a real liability, and you should extricate yourself from the situation as quickly as possible.
156. The total of debit balances of all asset accounts is equal to the total of credit balances of all liability and owners' equity accounts.
157. Thus, by raising your liability limits, you will truly lower your auto insurance rate.
158. Such a company may not make investment for the incorporation of a new one-person company with limited liability.
159. Insurers often stipulate deductible amount, coinsurance clause and limit of liability in their contracts, so as to the directors and officers carry one part of the losses and costs.
160. If you go back to my post on Accounting, you will recall that there are two kinds of accounts in a company's chart of accounts; revenue and expense accounts and asset and liability accounts.
161. According to the basic concept of compensation damages, both tort liability and the liability of breach of contract are compensatory damages.
162. Principle of no-fault liability should be principle of assumed liability in intellectual property right infringement.
163. It discharges the tortfeasor to whom it is given from all liability for contribution to any other tortfeasor.
164. Conservative Republicans, meanwhile, were likely to be restless over tax rebates going to those without income tax liability.
165. Responsibility for the implementation of higher order mode of behavior the principle of absolute liability, the principle of responsibility, and mixed conditions, the principle of responsibility.
166. We cannot accept liability if you are refused entry because of invalid documents.
167. Often, abnormalities are simply ignored, creating a potential medicolegal liability.
168. The regulation and optimization of capital structure is to make the capital structure of enterprises best mainly by changing the capital financing cost via the change of liability level.
169. Joint tortfeasors should assume joint and several liability, the mode of assumement coincide with general tort.
170. In the international carriage of goods by sea, the unit limitation of liability is an important issue among the liability system of carrier.
171. The civil responsibility of the bailee is an independently stated liability.
172. Declaring Baggage Value. Liability for loss,[http://sentencedict.com/liability.html] delay or damage to baggage will be limited unless a higher valuation for checked baggage has been declared and additional charges ...
173. IV The judicial ascertainment and criminal liability of involuntary dangerous crime.
174. Limitation of liability for maritime claims has been included in our maritime law as an important part on the basis of absorbing the contents of maritime law in the international legislation.
175. This thesis makes a comparatively systematic research in the theory of product liability insurance law.
176. Accrued expenses have already been deducted in determining an entity's current tax liability for the current or earlier periods.
177. At the same time, writer specifies the differences on the elements of liability of punitive payment and compensatory payment of breach contract.
178. No order of the commission, board, or Secretary or judgment of the court to enforce the same shall in anywise relieve or absolve any person from any liability under the antitrust laws.
179. Joint act of infringers should undertake the joint liability to the infringed.
180. Thought from the relationship between civil liability and obligation and its characteristics, the guaranty liability, in the common sense, is only a special general debt.
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