Meaning of “public liability” in the English Dictionary

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"public liability" in Business English

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public liabilitynoun [ U ]

uk us INSURANCE, LAW

a situation in which a member of the public is hurt or damage is caused to their property by a company's actions or products:

If you were sued, your house insurance should cover you for public liability.

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