liability limit
Americannoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Runaway yachts weren’t the problem the liability limit was meant to solve.
From Seattle Times • May 28, 2023
But this liability limit is also what makes debit cards work.
From Slate • Feb. 16, 2016
Following a different course, BP waived the $75 million liability limit imposed by the federal Oil Pollution Act and quickly paid claims of $396 million in the spring of 2010.
From BusinessWeek • Jun. 27, 2013
A. The Oil Pollution Act sets the liability limit for economic damage claims at $75 million, but BP blew past that number long ago and has said it will pay all legitimate claims.
From New York Times • Jun. 26, 2010
It also wanted to get BP to commit to paying an amount above and beyond the $75 million liability limit currently in federal law.
From Newsweek • Jun. 16, 2010
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.