Definition of "reliance"
  1. Dependence on the statements or actions of another person or entity, which in certain situations could result in a potential fraud claim
How to use "reliance" in a sentence
  1. His reliance on his financial adviser's recommendations led him astray.
  2. If reliance on these false promises is established, it may result in a lawsuit.
  3. The company suffered losses due to undeniable reliance on the supplier's fraudulent statements.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z