liable
Definition
Being liable means you are legally responsible for something, usually a harm or loss that someone else suffered. When a court finds you liable, it typically means you have to pay money to the person who was hurt or wronged.
Example
If a customer slips and falls in your store because you left a wet floor unmarked, a court could find you liable and order you to pay that customer's medical bills.
Watch Out
You can be liable even when you did not intend to cause harm, so having proper insurance and safety practices in place is essential for protecting your business.
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This definition is for informational purposes only and does not constitute legal advice. Please consult with a licensed attorney for legal guidance.