admission of liability Meaning in Cambridge Business English Dictionary
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Meaning of "admission of liability" - Business English Dictionary

admission of liability

noun [C or U]
 
 
( plural admissions of liability) LAW
a statement made by a person or company saying that they are legally responsible for something that has harmed someone: A company spokeswoman insisted the agreement did not represent any admission of liability. The settlement was made without any admission of liability.
(Definition of admission of liability from the Cambridge Business English Dictionary © Cambridge University Press)
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