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Dictionary by pitch.dog
Commercial terms & deal structure · Working

Unlimited liability

Also called: uncapped liability

ELI5

Liability not subject to an agreed monetary cap for specified claims.

Used in conversation

“The draft mentions unlimited liability, but the scope and jurisdiction are still unclear.”

Pitch context

You will see “Unlimited liability” in go-to-market plans, sales forecasts, account reviews and commercial proposals when the discussion reaches commercial terms & deal structure.

Why it matters: In commercial terms & deal structure, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

When the words have to travel

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Sources & evidence · 3

Direct term-level sources and supporting source families.