lender liability
lender liability
A body of law which includes liability for breach of contract and other wrongs where banks and other lenders may be made to pay damages to customers.
A bank that terminates a long standing credit relationship without warning, where no default exists, may be held liable for damages. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.

lender liability
A body of law which includes liability for breach of contract and other wrongs where banks and other lenders may be made to pay damages to customers. A bank that terminates a long standing credit relationship without warning, where no default exists, may be held liable for damages.

US Bankruptcy 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

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  • several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. several liability …   Law dictionary

  • Domestic liability dollarization — (DLD) refers to the denomination of banking system deposits and lending in a currency other than that of the country in which they are held. It is important to note that DLD does not refer exclusively to denomination in US dollars, as DLD… …   Wikipedia

  • Limited liability company — This article is about a U.S. specific business entity form. For limited liability companies in the United Kingdom, see Limited company. For a general discussion of entities with limited liability, see Corporation …   Wikipedia

  • joint and several liability — see liability 2b Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. joint and several liability …   Law dictionary

  • secured liability — A debt against which the borrower has provided sufficient assets as security to safeguard the lender in case of non repayment …   Accounting dictionary

  • secured liability — A debt against which the borrower has provided sufficient assets as security to safeguard the lender in case of non repayment …   Big dictionary of business and management

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