Manufacturer's Liability financial definition of Manufacturer's Liability. Manufacturer's Liability finance term by the Free Online Dictionary.

Liability

A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation.

liability

An obligation to pay an amount in money, goods, or services to another party. The balance sheet lists the liabilities. Also called debt. Compare asset. See also contingent liability, current liability.

Liability. In personal finance, liabilities are the amounts you owe to creditors, or the people and organizations that lend you money. Typical liabilities include your mortgage, car and educational loans, and credit card debt.

When you figure your net worth, you subtract your liabilities, or what you owe, from your assets. The result is your net worth, or the cash value of what you own.

In business, liabilities refer to money a company owes its creditors and any claims against its assets.

liability

(1) A debt or obligation. (2) A potential loss,such as a poorly trained,poorly supervised real estate agent who may be a liability.

Liability

What Does Liability Mean?

A company's legal debts or obligations that arise during the course of business operations. Liabilities are settled over time through the transfer of economic benefits, including money, goods, and services.

Investopedia explains Liability

Recorded on the balance sheet (right side), liabilities include loans, accounts payable, mortgages, deferred revenues, and accrued expenses. Liabilities are a vital aspect of a company's operations because they are used to finance operations and pay for large expansions. They also can make transactions between businesses more efficient. For example, the outstanding money that a company owes to its suppliers would be considered a liability. Outside of accounting and finance, this term refers to any money or service that is currently owed to another party. One form of liability, for example, would be the property taxes that a homeowner owes to the municipal government. Current liabilities are debts payable within one year, and long-term liabilities are debts payable over a longer period.

Related Terms:
• Asset
• Balance Sheet
• Debt
• Accounts Payable—AP
• Current Liabilities

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
balance sheet Current Liabilities Current Ratio Deferred Liability Limited Liability limited liability company net worth Noncurrent Liability Other Current Liabilities Other Liabilities Permanent Spontaneous Current Liabilities Prepetition Liability Umbrella Personal Liability Policy Unlimited Liability	Together, the growth of risk management requirements, confirmation of system auditability and introduction of third-party audit services, combined with manufacturer's liability concerns (including manufacturer responsibility for outsourced suppliers) ensure a continued emphasis on formal risk management systems and ISO 14971. Cave paintings, Black Swans and standards: practitioners' ... by Miller, Marc / Medical Product Outsourcing 16) The Fifth Circuit recently stated, All products, especially complex products like cars, change between the time of purchase and the time of accident, but not every change would obviate a manufacturer's liability. A good offense against products liability defenses: the absence of ... by Steinbrecher, Ed / Trial It said only that "the crashworthiness doctrine's legal rationale limiting a manufacturer's liability only to those damages caused by the defect" would protect an automobile manufacturer from responsibility for injuries caused by the initial collision. The burden of proof conundrum in motor vehicle crashworthiness cases by Roth, Larry M. / Florida Bar Journal	Mandate Mandated Sick Leave Mandato Mandatory Convertible Mandatory Convertible Security Mandatory Convertibles Mandatory Disclosure Mandatory Redemption Schedule mandatory tender bond Manejo de carteras Manifesto Manila Stock Exchange Manipulacao Manipulacion Manipulate Manipulation Manki Hoyuu Mokuteki Saiken Mano de obra no calificada Mano River Union Mansionario Mantenimiento de margen Manufactured Home manufactured housing Manufactured housing securities Manufactured Payment Manufacturer's Liability Mao de obra nao especializada Mao-de-obra Mao-de-obra direta Mao-de-obra indireta Maple Leaf Maquiladora Maquillaje de las cifras Marca de uso Marca registrada Marche a terme Marche a terme de marchandises Marche des Options Negociables de Paris Marche du Travail Marche euro-obligataire Marche interieur Marchio Marge initiale Margem Margem de lucro Margen bruto Margen de ganancia Margen del consorcio colocador Margen disponible Margin Margin Account	manufacturer manufacturer manufacturer manufacturer Manufacturer and User Facility Device Experience Manufacturer Charge Back Manufacturer Declaration of Conformity Manufacturer Defect Report Manufacturer Defined Manufacturer of Non-Beverage Product Manufacturer of the Year Manufacturer part number Manufacturer part number Manufacturer Product Quality Assessment Manufacturer Quality Products Manufacturer Resource Planning Manufacturer Serial Number Manufacturer Ship Direct Manufacturer Specific Information Manufacturer Specification Change Notice Manufacturer Specified Blocks Manufacturer Suggested License Price Manufacturer Supplier Relationship Manufacturer to Manufacturer Manufacturer's Certificate of Origin Manufacturer's Certificate of Origin Manufacturer's Certificate of Origin Manufacturer's Drawing Number Manufacturer's Empty Weight Manufacturer's Hanover Trust Company Manufacturer's Liability Manufacturer's List Price Manufacturer's Maintenance Facility Manufacturer's MANPRINT Management Plan Manufacturer's Part Number Manufacturer's Part Number Manufacturer's Problem Report Manufacturer's Production Run Manufacturer's Recommended List of Spares Manufacturer's Recommended Price Manufacturer's Recommended Retail Price Manufacturer's Recommended Sale Price Manufacturer's Representative Manufacturer's Representative Organization Manufacturer's Resale Agreement Manufacturer's Safety Data Sheet Manufacturer's Specified Minimum Value Manufacturer's Specified Value Manufacturer's Suggested List Price manufacturer's suggested price Manufacturer's suggested retail price Manufacturer's Test Results Manufacturer-Mixed Bulk Package Manufacturer-to-Retailer Marketing Program Manufacturers Manufacturers Manufacturers Manufacturers Manufacturers Alliance for Productivity and Innovation

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balance sheet
Current Liabilities
Current Ratio
Deferred Liability
Limited Liability
limited liability company
net worth
Noncurrent Liability
Other Current Liabilities
Other Liabilities
Permanent Spontaneous Current Liabilities
Prepetition Liability
Umbrella Personal Liability Policy
Unlimited Liability

Together, the growth of risk management requirements, confirmation of system auditability and introduction of third-party audit services, combined with manufacturer's liability concerns (including manufacturer responsibility for outsourced suppliers) ensure a continued emphasis on formal risk management systems and ISO 14971.

Cave paintings, Black Swans and standards: practitioners' ... by Miller, Marc / Medical Product Outsourcing

16) The Fifth Circuit recently stated, All products, especially complex products like cars, change between the time of purchase and the time of accident, but not every change would obviate a manufacturer's liability.

A good offense against products liability defenses: the absence of ... by Steinbrecher, Ed / Trial

It said only that "the crashworthiness doctrine's legal rationale limiting a manufacturer's liability only to those damages caused by the defect" would protect an automobile manufacturer from responsibility for injuries caused by the initial collision.

The burden of proof conundrum in motor vehicle crashworthiness cases by Roth, Larry M. / Florida Bar Journal

Mandate

Mandated Sick Leave

Mandato

Mandatory Convertible

Mandatory Convertible Security

Mandatory Convertibles

Mandatory Disclosure

Mandatory Redemption Schedule

mandatory tender bond

Manejo de carteras

Manifesto