Entity Liability
/ˈɛn.tɪ.ti laɪəˈbɪlɪti/
Definitions
- (n.) Legal responsibility or accountability of a distinct legal entity, such as a corporation or partnership, for obligations, debts, or wrongful acts.
The court held the company liable under entity liability for the environmental damage caused by its operations.
Forms
- entity liability
Related terms
See also
Commentary
Entity liability emphasizes that the legal entity itself, separate from individuals, can bear responsibility; drafting should clarify the nature of the entity and scope of its obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.