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LIABILITY INSURANCE
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
Insurance that provides protection from claims arising from injuries or damage to other people or property
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("liability insurance" is a kind of...):
insurance (promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company)