Definition
A document you sign that says 'whatever happens, it's not their fault,' used before activities where accidents are probable and lawsuits expensive.
Example Usage
Before skydiving, you have to sign a liability release basically saying 'if I die, please don't sue.'
Source: Contract and liability law
Related Terms
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See “Liability Release” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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