limits of liability

USAGE SUMMARY

The phrase "limits of liability" is correct and usable in written English.
It is typically used in legal and business contexts to define the extent to which a party can be held responsible for damages or losses. Example: "The contract includes a clause that outlines the limits of liability for both parties in case of unforeseen circumstances."

✓ Grammatically correct

News & Media

Academia

Encyclopedias

Wiki

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

13 human-written examples

§ 138.230 Limits of liability.

Cornell University

"In this post-Enron environment," he said, "plaintiffs' lawyers are testing the outer limits of liability in order to cast as wide a net as possible".

The New York Times

For the independent foundation is outside the limits of liability that arise for those projects that are affiliated with a province of the Islamic State.

The Guardian

Second, the vast majority of German strict liability statutes contain similar clauses on the monetary limits of liability per damage-inflicting incident.

Britannica

§ 138.240 Procedure for updating limits of liability to reflect significant increases in the Consumer Price Index (Annual CPI-U) and statutory changes.

Cornell University

This discussion covers the conditions under which States will be held liable, the time limits of liability, the application of national law governing the extent of damage awards and the extent to which national courts are required to introduce remedies unavailable under their own national law in order to satisfy EC remedy requirements.

Columbia University

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

Regulators must define rules around limits of liabilities for the designers and operators of these robots.

TechCrunch

For a chemical tanker, the limit of liability is five million.

The New Yorker

(d) Any aggregate limit of liability provided for in a fidelity bond policy must be at least twice the single loss limit of liability.

Cornell University

Per vehicle per accident, the limit of liability for a dry box or a flatbed is seven hundred and fifty thousand dollars.

The New Yorker

If the principle for which appellant contends were the law there would be no predetermined limit of liability.

Harvard University

Expert writing Tips

Best practice

When drafting contracts, clearly define the "limits of liability" for each party to avoid ambiguity and potential disputes. Be specific about what types of damages are covered and the maximum financial amount for which each party is responsible.

Common error

Don't confuse "limits of liability", which sets a maximum amount of potential damages, with a "waiver of liability", which completely releases a party from responsibility. Using the wrong term can have significant legal consequences.

Linguistic Context

The phrase "limits of liability" functions as a noun phrase that refers to the legally defined restrictions or maximum extent to which a party can be held responsible for damages or losses. It's used to specify the scope of potential legal or financial responsibility.

Expression frequency: Uncommon

Frequent in

News & Media

40%

Academia

20%

Formal & Business

15%

Less common in

Encyclopedias

10%

Wiki

5%

Science

10%

Ludwig's WRAP-UP

The phrase "limits of liability" is a noun phrase that describes the maximum extent to which a party can be held responsible for damages or losses. Ludwig AI indicates that it's grammatically correct and suitable for use in formal and legal contexts. It is most commonly found in news, academic, and business settings. Alternatives include "liability limitations" and "scope of liability". When using this phrase in writing, ensure the limitations are clearly defined to avoid ambiguity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

liability limitations

This alternative directly reverses the order of the words while retaining the core meaning of setting boundaries on legal responsibility.

restrictions on liability

Focuses on rules limiting liability.

scope of liability

This alternative focuses on the range and extent to which someone can be held responsible.

maximum liability

This specifies that a top limit to liability is being expressed.

extent of responsibility

This shifts the focus slightly from legal liability to the broader concept of responsibility.

capping liability

This alternative uses a verb to describe the act of establishing limits.

liability ceiling

This alternative uses a different noun to express a maximum limit.

liability threshold

This suggests a specific point or level at which liability begins or ends.

boundaries of accountability

This alternative uses broader terms for "liability", changing the focus to the moral or ethical aspects of responsibility.

liability parameters

This alternative focuses on the defining characteristics and conditions of liability.

FAQs

What does "limits of liability" mean in a contract?

In a contract, "limits of liability" define the maximum amount one party can be held responsible for in damages, even if the actual damages exceed that amount. This protects parties from potentially catastrophic financial losses.

How do "limits of liability" differ from insurance coverage?

"Limits of liability" are contractual terms setting maximum responsibility, while insurance provides financial backing up to policy limits, potentially covering amounts within the contractual "limits of liability".

What are some alternatives to the phrase "limits of liability"?

You can use alternatives like "liability limitations", "scope of liability", or "maximum liability" depending on the specific context.

Why are "limits of liability" important in business contracts?

"Limits of liability" help businesses manage risk by setting predictable financial boundaries for potential losses. They allow companies to accurately assess potential risks, enabling better financial planning and investment decisions.