comparative negligence

comparative negligence definition - business

comparative negligence

The assigned degree of fault for injuries that are suffered when both parties contribute to an accident. For example, a person who slips on a wet floor exhibits comparative negligence if a “wet floor" sign is clearly visible. A monetary award is adjusted if a plaintiff is found to have comparative negligence. See also contributory negligence.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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