Meaning of “general liability” in the English Dictionary

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"general liability" in Business English

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general liabilitynoun [ C or U ]

uk us

LAW, INSURANCE legal responsibility for injury, property damage, or financial loss caused to others:

You want coverage for major theft, fire, general liability (should a customer get hurt) and other perils.
general liability insurance/policy Commercial general liability policies also cover the cost of defending claims against your business.

(Definition of “general liability” from the Cambridge Business English Dictionary © Cambridge University Press)