Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “limitation of liability”

limitation of liability

noun [C or U]
 
 
(plural limitations of liability) LAW
a rule that controls or reduces someone's legal and financial responsibility for a problem, such as damage, a debt, or a mistake: Limitation of liability clauses protect the equipment manufacturer if there's an accident during training.
(Definition of limitation of liability from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of limitation of liability?
Add Cambridge dictionaries to your browser to your website

Word of the Day

long time no see

said when you meet someone who you haven't seen for a long period of time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More