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Liability in sentence

233 examples of Liability in a sentence

Thus, EMU members indirectly share the liability for fellow countries’ private-sector debt, which for this reason should be monitored within the EMU’s surveillance framework.
It also ensures that real asset and liability values are always equal, while prohibiting excessive leverage and several forms of complicated securitization.
Workers who move repeatedly across borders can also sometimes be a liability, if they take unfair advantage of the various social-security systems into which they pay.
For example, multinational corporations use methods like transfer pricing (book-keeping of goods, services, and resources transferred between a single company’s branches or subsidiaries) to minimize tax liability on their profits from international operations.
The presence of large Russian ethnic minorities in Estonia, Latvia or Ukraine could present a security challenge to these states; but NATO is not relevant and could prove a liability in such cases.
They can exchange interest-bearing government debt with fixed maturities held by private investors for the (currently) non-interest-bearing and never-payable Target book debt of their central banks – institutions that the Maastricht Treaty defines as limited liability companies, because member states do not have to recapitalize them when they are over-indebted.
The fundamental idea behind a fiscal union is that poorer, less creditworthy countries can gain from joint debt liability with richer countries.
The British wanted to win the war – but not so much that they were prepared to accept unlimited liability for debt incurred by the French and Russian governments.
The implications for the present are important: the only palatable way in which the necessary balance between liability and security can be achieved is through a process of political reform that dissolves corrupt oligarchies and weakens incentives for fiscal imprudence.
Competition and private ownership would relieve the state balance sheet of a large and troubling contingent liability.
A second lesson we learned is that openness to the world is an asset, not a liability.
It leaves the details to the locals, but offers organizational advice, loans out barbecues and sun umbrellas, and covers the public liability insurance.
They should begin by considering the two possible models for ensuring stability and debt sustainability in a monetary union: the mutualization model and the liability model.
The alternative – the liability model – requires that each state take responsibility for its own debts, with its creditors bearing the costs of a default.
The best example of the liability model is the United States.
Only after the Civil War did the US decide to operate the federation according to the liability model – an approach that has underpinned stability and limited individual states’ debt levels ever since.
Under the latest eurozone reforms, the principle that those who assume a risk should be liable for it has been replaced by a principle of joint liability, implying financial transfers on an unprecedented scale in the event of a crisis.
Joint liability in the name of solidarity will quickly become a one-way street for governments that pursue imprudent economic policies to escape accountability.
And, given the eurozone’s high level of public debt, joint liability entails enormous financial risks.
First, taking over a stock of existing state debt at the federal level is very different from allowing individual member states to issue bonds with “joint and several” liability underwritten by all member states collectively.
This is deeply troubling, for India’s supply of nuclear fuel, technology, and reactors is almost entirely dependent on imports from manufacturers who refuse liability for any malfunction.
But the SMSF’s ability to provide financing is indirectly capped by member states’ maximum liability at €700 billion ($920 billion); after the Constitutional Court excluded joint and several liability in its September 2012 ruling, Germany’s maximum liability stands at €190 billion.
Because ECB losses result in seigniorage losses for the respective national treasuries in a way similar to ESM losses, the OMT program obviously undermines the ESM ruling by increasing the liability risk beyond the level approved by parliaments.
They also provide “balance to food company product portfolios, thereby limiting corporate liability on both legal and stock valuation fronts” – a reference to potential claims against companies that their products might cause obesity or poor health.
Moral and ethical liability for science in general, and embryo research in particular, should never be outsourced.
ESBies would effectively fulfill the role of Eurobonds, but without the joint and several liability that would demand treaty changes.
Such an overall cap would allow each taxpayer to retain all of his existing deductions and exclusions but would limit the amount by which he could reduce his tax liability in this way.
At the end of 2015, the combined net asset position of China, Hong Kong, Japan, Korea, Singapore, and Taiwan amounted to $7.3 trillion – almost exactly equivalent to the net international investment liability of the US.
At another time in history, Macron’s youth and independence would have been a major liability.
At a time when US nuclear-reactor purchases – made possible by the historic deal negotiated by the Bush administration – have been held up by US insistence on exemptions from supplier liability in the event of an accident, some regard India’s spurning of US aircraft as a gratuitous rejection of an opportunity to demonstrate that friendship with India helps America, too.
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