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Liability: Difference between revisions
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{{ | {{a|contract}}{{dpn|/ˌlaɪəˈbɪlɪti/|n|}} | ||
The ''[[value]]'' of one’s legal [[obligation]]. In [[financial services]] — indeed, generally in the arithmetic reckoning of the [[common law]], which reduces the world to a kind of eternal ledger of debits and credits, that duty ''is articulated as a sum of [[money]] payable''. Now, I am making this up as I go along, readers — no change there — but financial services practitioners have a notoriously loose grip of the English language, so hang it, call it a ''financial poet’s licence'' to be exact, even if that might be exactly ''wrong''. We monetary bards<ref>I say this in the plural, but I am yet to meet another one; it is a rather singular occupation.</ref> like to wield vocabulary with the deftness of a sturgeon. So let’s. | The ''[[value]]'' of one’s legal [[obligation]]. In [[financial services]] — indeed, generally in the arithmetic reckoning of the [[common law]], which reduces the world to a kind of eternal ledger of debits and credits, that duty ''is articulated as a sum of [[money]] payable''. Now, I am making this up as I go along, readers — no change there — but financial services practitioners have a notoriously loose grip of the English language, so hang it, call it a ''financial poet’s licence'' to be exact, even if that might be exactly ''wrong''. We monetary bards<ref>I say this in the plural, but I am yet to meet another one; it is a rather singular occupation.</ref> like to wield vocabulary with the deftness of a sturgeon. So let’s. | ||