Idioms

assume liability for

assume liability for (something)

To take responsibility for something, typically a cost or expense. When you signed the contract, you assumed liability for fees like this. Somehow, that slippery little weasel has managed to avoid assuming liability for the complete financial disaster she left behind at the company. Are those morons in the front office going to assume liability for destroying the team?
See also: assume, for, liability
Farlex Dictionary of Idioms. © 2024 Farlex, Inc, all rights reserved.

assume liability for something

to accept the responsibility for paying a cost. Mr. Smith assumed liability for his son's student loans. The store assumed liability for the injured customer's hospital bills.
See also: assume, for, liability
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.
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References in periodicals archive
21 approved a recommendation for Customs and Border Protection to allow carriers to assume liability for initial in-bond shipments for which the initial in-bond was applied in another mode.
A year ago, Malaysia agreed to repay the $1.2B to IPIC and assume liability for 1MDB's debt repayments after learning about mass corruption at 1MDB, the report says.
"I am satisfied that Michael Foley will assume liability for his second operation since joining Telenor Group and that Irfan Wahab Khan will take the steerage at Telenor Pakistan.
Summary: According to IPIC, upon the completion of the transfer of assets, IPIC will directly assume liability for all payment obligations.
The Commission published a green paper on 23 November suggesting the introduction of stability bonds' - which could range from joint bonds with only limited guarantees to fully-fledged bonds where countries assume liability for each other's debts.
Indeed, the Court notes, private parties often assume liability for bonds in trade or commerce.
An additional proposal stated that all the management agreements for funds in which the company directly or indirectly invests should be novated for the new manager to manage those as well, which if affected it will also assume liability for all existing obligations of the present manager.
"Congress may consider whether the federal government should assume liability for costs associated with increasing ethanol blends," the lawmakers wrote to GAO.
The NHS Business Services Agency, which administers payments, has ruled that the trust must assume liability for the arrears and ongoing liability payment of the award.
The countries will assume liability for their share of Opel's rescue package, broken down to the number of the employees at the sites of Opel in the countries.
An AUM Shinrikyo splinter group has agreed to assume liability for paying compensation to survivors and bereaved families of victims of crimes committed by members of the religious cult in the 1980s and 1990s, two support groups for the victims said Friday.
Sellers want to be free of environmental liability after the sale, while buyers are reluctant to assume liability for a potentially contaminated site.
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