What's the difference between liability and trust?

Liability


Definition:

  • (n.) The state of being liable; as, the liability of an insurer; liability to accidents; liability to the law.
  • (n.) That which one is under obligation to pay, or for which one is liable.
  • (n.) the sum of one's pecuniary obligations; -- opposed to assets.

Example Sentences:

  • (1) Liability of retransplanted syngeneic skin grafts to rejection could be almost entirely abolished by their exposure to 300 rads irradiation before placement on the intermediate host.
  • (2) Tata Steel, the owner of Britain’s largest steel works in Port Talbot, is in talks with the government about a similar restructuring for the British Steel pension scheme , which has liabilities of £15bn.
  • (3) These results are discussed in relation to previous reports suggesting a common addiction liability for both morphine and alcohol in inbred strains of animals.
  • (4) The precise aetiology of AHQS is still unresolved but it is concluded that it probably occurs post-natally and that some pigs have a genetic liability to develop the condition.
  • (5) But Burr admitted the bill would still allow companies to share directly with the NSA, and could potentially receive liability protections if information is shared “not electronically”.
  • (6) Two years later, the Guardian could point to reforms that owed much to what Ashley called his "bloody-mindedness" in five areas: non-disclosure of victims' names in rape cases; the rights of battered wives; the ending of fuel disconnections for elderly people; a royal commission on the legal profession; and civil liability for damages such as those due to thalidomide victims.
  • (7) For a substantial majority of the symptoms, the variance in liability was best explained by only genetic factors and environmental influences specific to the individual, where 33% to 46% of the variance was due to genetic factors.
  • (8) The authors describe several recent court cases in which judges have ignored or distorted acceptable clinical practices, conceivably creating a new liability standard whereby a tragic outcome is considered the result of failure to apply appropriate judgment.
  • (9) Whilst a charity may seem to have plenty of cash to meet its general liabilities, if the money is in the form of restricted funds it can only be used with permission of the donor or the Charity Commission .
  • (10) The Tony Abbott lecturing the American president on taxation fairness is, of course, the one who as Australian prime minister is presiding over policies of taxation amnesty for the richest Australians who have themselves offshored their hidden wealth, capping their taxable liability to merely the last four years.
  • (11) Recent court decisions since the landmark Wickline v. The State of California case in 1987 have addressed this issue of shared liability between payors and providers.
  • (12) We could be in a situation now where the potential liabilities are higher, which makes it more unlikely to find private investment.
  • (13) In summary, there are now available very potent narcotics, with small side effect liability.
  • (14) Continued escalation of claims frequency, however, and average paid-claim costs mean that other remedies will have to be sought if the professional liability problem is to be solved.
  • (15) But once legal liability cases began, evidence emerged from internal documents that Wyeth knew of far more cases of pulmonary hypertension than had been declared either to the FDA or to patients.
  • (16) In summary, the liability to exencephaly in SELH mice appears to be a multifactorial threshold trait, and it therefore resembles human neural tube defects in type of genetic etiology.
  • (17) This escape from liability occurs despite the fact that almost half of all traffic fatalities are attributable to alcohol.
  • (18) The infrastructure of New York that was once an "engineering marvel" is now a "liability", he said, urging a long-term rethink.
  • (19) To assess the physical dependence liability of dynorphin A analogs, mice were given repeated injections of various dynorphin A analogs twice daily for 5 days, and rats were given repeated administration of [N-methyl-Tyr1,N-methyl-Arg7,D-Leu8]dynorphin-A-(1-8) ethylamide (E-2078) twice daily for up to 7 weeks.
  • (20) The relative merits and liabilities for each wavelength and delivery system are discussed.

Trust


Definition:

  • (n.) Assured resting of the mind on the integrity, veracity, justice, friendship, or other sound principle, of another person; confidence; reliance; reliance.
  • (n.) Credit given; especially, delivery of property or merchandise in reliance upon future payment; exchange without immediate receipt of an equivalent; as, to sell or buy goods on trust.
  • (n.) Assured anticipation; dependence upon something future or contingent, as if present or actual; hope; belief.
  • (n.) That which is committed or intrusted to one; something received in confidence; charge; deposit.
  • (n.) The condition or obligation of one to whom anything is confided; responsible charge or office.
  • (n.) That upon which confidence is reposed; ground of reliance; hope.
  • (n.) An estate devised or granted in confidence that the devisee or grantee shall convey it, or dispose of the profits, at the will, or for the benefit, of another; an estate held for the use of another; a confidence respecting property reposed in one person, who is termed the trustee, for the benefit of another, who is called the cestui que trust.
  • (n.) An organization formed mainly for the purpose of regulating the supply and price of commodities, etc.; as, a sugar trust.
  • (a.) Held in trust; as, trust property; trustmoney.
  • (n.) To place confidence in; to rely on, to confide, or repose faith, in; as, we can not trust those who have deceived us.
  • (n.) To give credence to; to believe; to credit.
  • (n.) To hope confidently; to believe; -- usually with a phrase or infinitive clause as the object.
  • (n.) to show confidence in a person by intrusting (him) with something.
  • (n.) To commit, as to one's care; to intrust.
  • (n.) To give credit to; to sell to upon credit, or in confidence of future payment; as, merchants and manufacturers trust their customers annually with goods.
  • (n.) To risk; to venture confidently.
  • (v. i.) To have trust; to be credulous; to be won to confidence; to confide.
  • (v. i.) To be confident, as of something future; to hope.
  • (v. i.) To sell or deliver anything in reliance upon a promise of payment; to give credit.

Example Sentences:

  • (1) A spokesman for the Greens said that the party was “disappointed” with the decision and would be making representations to both the BBC and BBC Trust .
  • (2) A key way of regaining public trust will be reforming the system of remuneration as agreed by the G20.
  • (3) To a supporter at the last election like me – someone who spoke alongside Nick Clegg at the curtain-raiser event for the party conference during the height of Labour's onslaught on civil liberties, and was assured privately by two leaders that the party was onside about civil liberties – this breach of trust and denial of principle is astonishing.
  • (4) In Tirana, Francis lauded the mutual respect and trust between Muslims, Catholics and Orthodox Christians in Albania as a "precious gift" and a powerful symbol in today's world.
  • (5) Dilemmas of trust, confidentiality, and professional competence highlight the limits of professional ethical codes.
  • (6) "The value the public place on the BBC is actually rising," said Lyons, citing research carried out by the BBC Trust earlier this year.
  • (7) Figures from 228 organisations, of which 154 are acute hospital trusts, show that 2,077 inpatient procedures have been cancelled due to the two-day strike alongside 3,187 day case operations and procedures.
  • (8) That's why the Trussell Trust has been calling for an in depth inquiry into the causes of food poverty.
  • (9) Terry Waite Chair, Benedict Birnberg Deputy chair, Antonio Ferrara CEO The Prisons Video Trust • If I want to build a bridge, I call in a firm of civil engineers who specialise in bridge-building.
  • (10) That has driven whole river systems to a complete population crash,” said Darren Tansley, a wildlife officer with Essex Wildlife Trust.
  • (11) In confidence rape, the assailant is known to some degree, however slight, and gains control over his victim by winning her trust.
  • (12) The deteriorating situation would worsen if ministers pressed ahead with another controversial Lansley policy – that of abolishing the cap on the amount of income semi-independent foundation trust hospitals can make by treating private patients.
  • (13) In addition we also suggested that he was in charge of the company's privacy policy and that he now trusts open source software where he can examine the underlying code himself.
  • (14) "It will mean root-and-branch change for our banks if we are to deliver real change for Britain, if we are to rebuild our economy so it works for working people, and if we are to restore trust in a sector of our economy worth billions of pounds and hundreds of thousands of jobs to our country."
  • (15) The Dacre review panel, which included Sir Joseph Pilling, a retired senior civil servant, and the historian Prof Sir David Cannadine, said Britain now had one of the "less liberal" regimes in Europe for access to confidential government papers and that reform was needed to restore some trust between politicians and people.
  • (16) We trust that others will be stimulated to investigate further applications of this instrumental approach to problems in cell biology.
  • (17) The trust was a compromise hammered out in the wake of the Hutton report, when the corporation hoped to maintain the status quo by preserving the old BBC governors.
  • (18) "I agree [with the policy] if you live in a climate of trust," said Mourinho.
  • (19) The party she led still touts itself as the bunch you can trust with the nation's money.
  • (20) Its findings will be presented to the BBC Trust as well as to both Houses of Parliament.