Examlex
The treasurer oversees the traditional functions of financial analysis, including capital budgeting, short-term and long-term financing decisions, and current asset management.
Liable
Liable refers to the state of being legally responsible for something, typically involving the obligation to compensate for damage or loss caused.
Gross Negligence
Very great negligence.
Proven Negligence
A situation where it has been established that a party failed to exercise a level of care that someone of ordinary prudence would have in a similar situation, resulting in harm to another.
Claim Ticket
A receipt given for the temporary deposit of goods that verifies the holder’s right to retrieve the deposited item.
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