Legal Definitions from Termly’s Legal Experts
Limitation of Liability
Limitation of liability definition (noun)
1.
Limitation of Liability is a concept, usually expressed through a rule or clause, that seeks to reduce one’s legal and financial responsibility for damages suffered while using their services.
Appears in: Terms and Conditions and Disclaimers
Related Legal Terms
Related FAQs
How do you write a product disclaimer?
Does a disclaimer need to be notarized?
Do you need a disclaimer on a blog?
Does a disclaimer protect you?
What is the copyright disclaimer under Section 107?
What is a terms and conditions page?
What is a financial disclaimer?
Are terms and conditions protected by copyright?
Where do you put a disclaimer?
How do you write a copyright statement?
View more >
Trusted by Thousands
Trusted by thousands of companies worldwide, Termly’s intuitive software generates legal policies and handles consent management for any business in minutes.