negligence

  • Failure to act with the legally required degree of care for others. May be contributory, imputed, or comparative, depending on circumstances. The basis for liability insurance.

    Internal Revenue Service 1
    See also legal liability

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­www.irs.gov/­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).