The financial definition for Lender liability lawsuits:
Legal action of debtor against creditors that alleges unfair enforcement of loan covenants or violation of implied terms of a loan agreement.
Similar Matches
Contingent pension liability
Contingent pension liability Under ERISA, a firm is liable to its pension plan participants for up to 39% of the net worth of the firm.
Funded Liability
Funded Liability A source of funds that a firm must take overt action to arrange and that carries an interest cost.
Liability insurance
Liability insurance Insurance guarding against damage or loss that the policyholder, may cause another person in the form of bodily injury or property damage.