Define: Disclaimer

UK Accounting Glossary

Definition: Disclaimer



What is the dictionary definition of Disclaimer?

Dictionary Definition


  1. One who disclaims, disowns, or renounces.
  2. A public disavowal, as of pretensions, claims, opinions, and the like.
  3. legal A denial, disavowal, or renunciation, as of a title, claim, interest, estate, or trust; relinquishment or waiver of an interest or estate.

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Full Definition of Disclaimer


A disclaimer is a decree that formally denies legal claim and renounces some (or all) liability. A formal disclaimer is also an official piece of writing that substantiates the legal disclaimer itself. Most commonly, a disclaimer is used as a legal caveat, which serves to protect the author of the disclaimer. In a practical sense, a disclaimer might be used to hedge the risk of a possible lawsuit. Thus, for example, if someone sustains an injury as a result of using a given company’s product or service, a well-crafted disclaimer may obstruct the individual’s ability to pursue legal action. As a legal safeguard, a disclaimer has become a frequent part of contracts between corporations and consumers. Insurance companies may take advantage of a disclaimer to transfer some of the risks back to the insured. Internet-based companies, on the other hand, routinely use a disclaimer as an adjunct to each sale.


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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/disclaimer/
Modern Language Association (MLA):
Disclaimer. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 27, 2020 https://payrollheaven.com/define/disclaimer/.
Chicago Manual of Style (CMS):
Disclaimer. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/disclaimer/ (accessed: February 27, 2020).
American Psychological Association (APA):
Disclaimer. PayrollHeaven.com. Retrieved February 27, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/disclaimer/

Definition Sources


Definitions for Disclaimer are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 9th February 2020.