sequential liability
noun[U]
LAWukusanofficialrulethat apersonorcompanydoes notpaymoneythat theyoweuntil theyreceivemoneythat isowedto them for the samework,project, etc.:
Sequentialliabilityprotectsbusinessesfromtheirclientsgetting intotrouble.
| 单词 | sequential liability |
| 释义 | sequential liability noun[U] LAWukusanofficialrulethat apersonorcompanydoes notpaymoneythat theyoweuntil theyreceivemoneythat isowedto them for the samework,project, etc.: Sequentialliabilityprotectsbusinessesfromtheirclientsgetting intotrouble. |
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