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Garage Keepers Liability Insurance Definition was posted on March 14, 2018 at 5:49 pm. It is posted in the Garage category. Garage Keepers Liability Insurance Definition is tagged with Garage Keepers Liability Insurance Definition, Garage, Keepers, Liability, Insurance, Definition..
Garagega•rage (gə räzh′, -räj′ or, esp. Brit., gar′ij, -äzh),USA pronunciation n., v., -raged, -rag•ing.
- a building or indoor area for parking or storing motor vehicles.
- a commercial establishment for repairing and servicing motor vehicles.
- to put or keep in a garage.
Keeperskeep•er (kē′pər),USA pronunciation n.
- a person who guards or watches, as at a prison or gate.
- a person who assumes responsibility for another's behavior: He refused to be his brother's keeper.
- a person who owns or operates a business (usually used in combination): a hotelkeeper.
- a person who is responsible for the maintenance of something (often used in combination): a zookeeper; a groundskeeper.
- a person charged with responsibility for the preservation and conservation of something valuable, as a curator or game warden.
- a person who conforms to or abides by a requirement: a keeper of his word.
- a fish that is of sufficient size to be caught and retained without violating the law.
- [Football.]a play in which the quarterback retains the ball and runs with it, usually after faking a hand-off or pass.
- something that serves to hold in place, retain, etc., as on a door lock.
- something that lasts well, as a fruit.
- See guard ring.
- an iron or steel bar placed across the poles of a permanent horseshoe magnet for preserving the strength of the magnet during storage.
Liabilityli•a•bil•i•ty (lī′ə bil′i tē),USA pronunciation n., pl. -ties.
- moneys owed;
debts or pecuniary obligations (opposed to assets).
- [Accountableing.]liabilities as detailed on a balance sheet, esp. in relation to assets and capital.
- something disadvantageous: His lack of education is his biggest liability.
- Also, li′a•ble•ness. the state or quality of being liable: liability to disease.
Insurancein•sur•ance (in shŏŏr′əns, -shûr′-),USA pronunciation n.
- the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved.
- coverage by contract in which one party agrees to indemnify or reimburse another for loss that occurs under the terms of the contract.
- the contract itself, set forth in a written or printed agreement or policy.
- the amount for which anything is insured.
- an insurance premium.
- any means of guaranteeing against loss or harm: Taking vitamin C is viewed as an insurance against catching colds.
- of or pertaining to a score that increases a team's lead and insures that the lead will be held if the opposing team should score once more: The home run gave the team an insurance run, making the score 7-5.
Definitiondef•i•ni•tion (def′ə nish′ən),USA pronunciation n.
- the act of defining or making definite, distinct, or clear.
- the formal statement of the meaning or significance of a word, phrase, etc.
- the condition of being definite, distinct, or clearly outlined.
- sharpness of the image formed by an optical system.
- the accuracy of sound or picture reproduction.
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