Apply for JIO IPO - India’s Mega IPO Is Here!

Apply for JIO IPO -

Angel One - Share Market Trading and Stock Broking
Skip to main content
Insurance

Vicarious liability

As a finance professional, it is important to understand the concept of vicarious liability. This refers to the legal responsibility one may have for the actions or wrongdoings of another person, typically an employee or agent. Essentially, it means that an individual or organization may be held liable for the actions of someone they are responsible for, even if they were not directly involved in the incident. This can have significant implications for businesses and individuals, making it a crucial concept to grasp in the world of finance.

Related terms

Aviation insurance

Understand the meaning and definition of Aviation insurance in the context of stock market, trading, and investments.

MORE
Misstatement-of-age clause

Understand the meaning and definition of Misstatement-of-age clause in the context of stock market, trading, and investments.

MORE
Cash value option

Understand the meaning and definition of Cash value option in the context of stock market, trading, and investments.

MORE
Precertification

Understand the meaning and definition of Precertification in the context of stock market, trading, and investments.

MORE
Risk management process

Understand the meaning and definition of Risk management process in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store