Liability

A legally enforceable financial obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs. caused by negligenceFailure to use the care that a reasonable and prudent person would have used under the same or similar circumstances..

Liability

Any drawback, debtThat which is due from one person or another; obligation, liability., or obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs.. Something that acts as a disadvantage. An obligation or duty that must be performed. The opposite of assetThe entire property of a person, association, corporation, or estate applicable or subject to the payment of debts..

Liability

Any legally enforceable obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs..

Liability

Debt owed by the company such as bank loans or accounts payable.

Liability

Individual responsibility for causing, through negligenceFailure to use the care that a reasonable and prudent person would have used under the same or similar circumstances., injury to another personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). or damage to another person's propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself..

Liability

Liability: AssetsAny item with measurable value. owed for items received, services received, assets acquired, construction performed (regardless of whether invoices have been received), an amount received but not yet earned, or other ExpensesThings that you are required to spend money on, such as food, clothing, housing, or other things that you have to have. incurred. (GAO) HUDCAPS Core Financial SystemAnother name often used for CalPERS or the California Public Employees’ Retirement System. Standard AccountingThe process of recording, summarizing, and allocating all items of income and expense of the company Interface, dated 9/30/97

Liability

Policyholder's legal liability resulting from injuries to other persons or damage to their propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself..

Liability

Responsibility to another for one's negligenceFailure to use the care that a reasonable and prudent person would have used under the same or similar circumstances..

Liability

The claimNotice to an insurer that under the terms of a policy, a loss maybe covered. on the assetsAny item with measurable value. of a company or individualA person as defined. - excluding ownershipThe right of one or more persons to possess and use property to the exclusion of all others. A collection equityThe value of a property beyond any liens against it. Also referred to as owner's interest.. The obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs. to make a paymentPeriodic (usually monthly) installments paid to a lender to be applied toward repaying your loan. Payments to another.

Liability

This coverageThe scope of protection provided under a contract of insurance; any of several risks covered by a policy. will pay for BODILY INJURYPhysical injury to a person; insured's liability for same covered under Liability Insurance policies.Cancellation and/or PROPERTY DAMAGEPhysical injury to tangible property to the OTHER party for which you become legally responsible of an automobile accidentAn unforeseen, unintended event; something unexpected; fortuitous..