product liability Meaning in the Cambridge English Dictionary
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Meaning of “product liability” in the English Dictionary

"product liability" in Business English

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product liabilitynoun [U]

uk   us   LAW
the ​area of ​law that ​deals with a company's ​responsibility when a ​customer is ​injured or ​harmed by a ​product: a product liability case/claim/suit Product-liability ​suits have dramatically ​increasedcosts, and therefore ​prices. productliabilitylaw/​legislation/​reform
the fact that a ​company is ​responsible when a ​customer is ​injured or ​harmed by one of its ​products: The ​law shields flu vaccine ​manufacturers from ​productliability.
(Definition of product liability from the Cambridge Business English Dictionary © Cambridge University Press)
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