Legal Liability
/ˈliːɡəl laɪəˈbɪləti/
Definitions
- (n.) The state or fact of being legally responsible for something, especially in terms of financial or civil obligations.
The company accepted legal liability for the damages caused by its product.
- (n.) The obligation to answer for acts or omissions that violate legal duties, potentially leading to penalties or remedies.
He faced legal liability for negligence after the accident.
Related terms
See also
Commentary
Legal liability often underpins claims in tort and contract law, and clear identification of the source of liability (e.g., fault-based or strict) is essential in drafting.
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.