Definition of Scienter:
Actual or presumed degree of knowledge that makes a person legally responsible for his or her actions or failure to act. For example, owner of a vicious dog is deemed to know of its disposition and to properly secure it from causing damage or injury to others. Latin for, knowledge.
The fact of an act having been done knowingly, especially as grounds for civil damages.
How to use Scienter in a sentence?
- Scienter liability.
Meaning of Scienter & Scienter Definition