Liability Risk Retention Act Of 1996

Liability Risk Retention Act Of 1996,

How To Define Liability Risk Retention Act Of 1996?

  1. U.S. federal law allows the establishment of a risk purchase and submission group that can be used to purchase insurance for all liabilities, except for workers' compensation and third-party liability risks, which are mandatory. Should be above ground and do not include any property rights. .

Literal Meanings of Liability Risk Retention Act Of 1996


Meanings of Liability:
  1. The state of being responsible for something, especially in accordance with the law.

  2. A person or thing whose presence or behavior may embarrass or harm someone.

Sentences of Liability
  1. For partners, they have unlimited responsibility for the risks.

  2. Became a political loss

Synonyms of Liability

encumbrance, accountability, nuisance, legal responsibility, hindrance, inconvenience, answerability, burden, handicap, responsibility


Meanings of Risk:
  1. Expose someone or anything of value for loss, damage or loss.

  2. Conditions involved in exposure to hazards

Sentences of Risk
  1. Disobeying the law is very dangerous

Synonyms of Risk

wager, threat, peril, put in danger, likelihood, danger, imperil, menace, venture, take a chance with, gamble with, put in jeopardy, chance, expose to danger, prospect, probability, endanger, fear, hazard, bet


Meanings of Retention:
  1. Continuity, use, or possession of something.

Sentences of Retention
  1. Maintain direct control of the central government


Meanings of Act:
  1. Take action, do something.

  2. Follow the prompts.

  3. The process has a special effect.

  4. Play an imaginary role in the production of a drama, film or television.

  5. One thing acted.

  6. Excuse me

  7. A written order from Congress or another legislature affects legislation.

  8. American College Test.

Sentences of Act
  1. Appeal to Washington to work

  2. They are following the person who is making the suspicious move

  3. Blood samples are analyzed to determine how the drug works in the body.

  4. He made his professional debut at the age of six.

  5. He jokes and laughs a lot

  6. End of slavery

  7. The first action

Synonyms of Act

bill, play, guise, judgement, posture, take action, move, have an effect on, Act of Parliament, segment, direction, pretence, exploit, take measures, enactment, fiat, mandate, masquerade, dictum, component, enterprise, ruling, appear, section, edict, front, change, requirement, react


Meanings of Of:
  1. It shows the relationship between the part and the whole.

  2. Indicates the relationship between scale or size and value.

  3. Refers to the relationship between two organizations, usually the organization of the association.

  4. It shows the relationship between the address and the reference point.

  5. It represents the relationship between a general type or type and something special belonging to that category.

  6. After a noun that comes from a verb or is related to it.

  7. Identify the component or substance that makes the difference.

  8. Express the hour for the next hour.

Sentences of Of
  1. 5% increase

  2. North of Chicago

  3. Nice to meet you

  4. In New York, only a quarter to three

Synonyms of Of

from, in, carried out by, of, made by, done by, caused by, by