Tax liability


 

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Tax liability

The amount in taxes a taxpayer to the government.



Tax liability

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Limited liability

Limited liability

Limitation of loss to what has already been invested.


Liability insurance

Liability insurance

Insurance against legal liability to pay compensation and court costs where the insured has been found negligent in respect of injuries sustained by another person or damage to his/her property.


Contractual liability

Contractual liability

The terms of a contract to which you must abide. There may be financial or even criminal penalties which you incur if if you do not meet your contractual liabilities.


Lender liability lawsuits

Lender liability lawsuits

Legal action of debtor against creditors that alleges unfair enforcement of loan covenants or violation of implied terms of a loan agreement.


Umbrella personal liability insurance

Umbrella personal liability insurance

In the US, liability insurance giving excess cover over and above that cover provided by other policies. For example if general policies give total liability insurance cover of $400,000, an umbrella policy could typically provide cover of $1 million. If a claim of $700,000 were made the umbrella policy would pay out only after the $400,000 has been first exhausted.


Further Suggestions

Joint liability
Limited liability instrument
Liability insurance
limited liability
Umbrella personal liability policy
joint liability
Noncurrent liability
Liability
Unlimited liability
Contingent pension liability
joint and several liability
Funded Liability


 
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