Define: Retail Liability

How is Retail Liability defined in a legal contract?

• Retail Liability means a debt owed to a financial institution by an eligible claimant. Seen in 1 SEC Filing
• Retail Liability means a financial obligation that should be paid to a bank by an eligible depositor. Seen in 1 SEC Filing
• Retail Liability means a monetary obligation which is payable to a banking institution by a qualified depositor. Seen in 1 SEC Filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of retail liability' yourself to verify these results. We are always keen to point people to source documents.

‍

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

‍

Genie Definition 1

Retail Liability means a financial obligation due to a bank by an eligible party.

Relevant Contract Types

• Loan Agreement
• Financial Services Agreement
• Credit Agreement

Relevant Circumstances

• When extending credit or loans
• When dealing with retail financial services
• When entering into a banking relationship

Relevant Sectors

• Banking
• Finance

‍

Genie Definition 2

Retail Liability means a debt payable to a financial institution by a qualified claimant.

Relevant Contract Types

• Debt Settlement Agreement
• Consumer Loan Agreement

Relevant Circumstances

• When settling outstanding debts or loans
• When a client is availing a consumer loan

Relevant Sectors

• Consumer Finance
• Retail Banking

‍