primary liability

简明释义

主要债务

英英释义

例句

1.When leasing a property, the tenant may have primary liability 主要责任 for any damages that occur.

在租赁物业时，租户可能对发生的任何损害承担主要责任。

2.The contractor assumed primary liability 主要责任 for any injuries that occurred on the job site.

承包商承担了工作现场发生的任何伤害的主要责任。

3.The manufacturer holds primary liability 主要责任 for defects in their products.

制造商对其产品的缺陷承担主要责任。

4.In a partnership, each partner has a primary liability 主要责任 for the debts incurred by the business.

在合伙中，每个合伙人对企业所产生的债务承担主要责任。

5.In an insurance policy, the insurer will outline the primary liability 主要责任 of the insured party.

在保险政策中，保险公司将概述被保险方的主要责任。

作文

In the realm of law and finance, the term primary liability refers to the original responsibility that a party has in fulfilling an obligation or debt. This concept is crucial for understanding various legal agreements and financial contracts. When an individual or an organization enters into a contract, they often assume certain responsibilities. If a party fails to meet these obligations, they are said to have defaulted on their primary liability.

For example, consider a scenario where a company borrows money from a bank. The company has a primary liability to repay the loan according to the terms specified in the loan agreement. If the company fails to make payments, it not only breaches the contract but also risks facing legal action from the bank. In this case, the company’s primary liability is clear and direct: it must repay the borrowed amount, including any interest that accrues.

Understanding primary liability is essential for both creditors and debtors. Creditors need to assess the likelihood of repayment when extending credit, while debtors must be aware of their obligations to avoid default. In many cases, the primary liability can be influenced by various factors, including the financial stability of the borrowing party and the terms of the contract itself.

Moreover, the notion of primary liability extends beyond simple loan agreements. It is also applicable in areas such as insurance and tort law. For instance, in an insurance contract, the insurer has a primary liability to cover the insured losses as stipulated in the policy. If the insurer denies a claim without valid reason, they may be held accountable for breaching their primary liability.

In tort law, if an individual causes harm to another person, they may bear primary liability for the damages incurred. This means that the responsible party must compensate the victim for their losses. The determination of primary liability in such cases often involves complex legal principles and can result in lengthy court proceedings.

Furthermore, understanding primary liability is vital for businesses when navigating partnerships and joint ventures. In these arrangements, each party may have a primary liability for specific aspects of the partnership. For example, one partner may be responsible for financial management while another handles operations. Clarity regarding each party's primary liability helps prevent disputes and ensures that all obligations are met.

In conclusion, the concept of primary liability is integral to various fields, including finance, law, and business. It signifies the fundamental responsibilities that parties assume when entering into agreements. By grasping the implications of primary liability, individuals and organizations can better navigate their obligations, minimize risks, and foster trust in their dealings with others. Ultimately, a solid understanding of primary liability enables effective decision-making and promotes accountability in both personal and professional contexts.

在法律和金融领域，术语primary liability指的是一方在履行义务或债务时所承担的原始责任。这个概念对于理解各种法律协议和金融合同至关重要。当个人或组织签订合同时，他们通常会承担某些责任。如果一方未能履行这些义务，就会被认为违约了他们的primary liability。

例如，考虑一个公司向银行借款的场景。该公司有primary liability根据贷款协议的条款偿还贷款。如果该公司未能按时还款，不仅违反了合同，还面临着来自银行的法律诉讼。在这种情况下，该公司的primary liability是明确和直接的：它必须偿还借款金额，包括任何应计利息。

理解primary liability对债权人和债务人都至关重要。债权人在提供信贷时需要评估还款的可能性，而债务人必须意识到自己的义务，以避免违约。在许多情况下，primary liability可能受到多种因素的影响，包括借款方的财务稳定性和合同本身的条款。

此外，primary liability的概念不仅适用于简单的贷款协议。在保险和侵权法等领域也同样适用。例如，在保险合同中，保险公司有primary liability根据保单规定覆盖被保险损失。如果保险公司在没有合理理由的情况下拒绝索赔，可能会因违反其primary liability而承担责任。

在侵权法中，如果某个人对另一人造成伤害，他们可能要对发生的损害承担primary liability。这意味着责任方必须赔偿受害者的损失。在此类案件中，确定primary liability通常涉及复杂的法律原则，并可能导致漫长的法庭程序。

此外，理解primary liability对于企业在进行合作伙伴关系和合资企业时至关重要。在这些安排中，每一方可能对合作的特定方面承担primary liability。例如，一位合伙人可能负责财务管理，而另一位则负责运营。关于每一方的primary liability的清晰度有助于防止争议，并确保所有义务都得到履行。

总之，primary liability的概念在金融、法律和商业等多个领域都是不可或缺的。它标志着各方在签订协议时所承担的基本责任。通过掌握primary liability的含义，个人和组织可以更好地应对其义务，降低风险，并在与他人的交易中促进信任。最终，对primary liability的深入理解能够促进有效决策，并在个人和专业环境中推动问责制。