An obligation or duty upon an individual to incur the losses of another.
The right of an injured party to shift the loss onto the party responsible for the loss.
Security from damage, loss, or penalty.
A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.
Repayment; compensation for loss or injury.
An obligation, debt or responsibility owed to someone.
A handicap that holds something back, a drawback, someone or something that is a burden to whoever is required to take care of them; an individual or action that exposes others to greater risk.
Any item recorded on the right-hand side of a balance sheet.
The condition of being susceptible to something.
A person on a team that is more of a hindrance than a help.
The likelihood of something happening.