Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
directors' and officers' liability insurance
Also termed D & O insurance. See INSURANCE.
directors' and officers' liability insurance.
An agreement to indemnify corporate directors and officers against judgments, settlements, and fines arising from negligence suits, shareholder actions, and other business-related suits. - Often shortened to D & O liability insurance; D & O insurance.