What is ENVIRONMENTAL LIABILITY?

Principle-based obligation of a polluting party to pay for any and all damage the party caused to the environment. If damage can be tied to a specific party, this is a strict liability In some countries, .

More On This Topic



Link to This Definition
Did you find this definition of ENVIRONMENTAL LIABILITY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary