FinnHun Finnish-Hungarian-English on-line dictionary and thesaurus

n (legal) an obligation or duty upon an individual to incur the losses of another.

n repayment

n (legal) the right of an injured party to shift the loss onto the party responsible for the loss.

n (insurance) a principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.