commercial general liability policy

A comprehensive policy that covers most commercial risks, liabilities, and causes of loss.

• This type of policy covers both business losses and situations in which a business is liable to a third party for personal injury or property damage. First introduced in 1986, this policy has largely replaced comprehensive general-liability policies. — Abbr. CGL policy. Cf. comprehensive general-liability policy.


专业法律词汇 词条贡献者
资深译员Sheldon,毕业于亚洲顶尖的高级翻译学院,擅长翻译有关零售和消费品领域的法律文件。
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