reliance


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reliance

n. acting upon another's statement of alleged fact, claim, or promise. In contracts, if someone takes some steps ("changes his position" is the usual legal language) in reliance on the other's statement, claim or promise then the person upon whom the actor relied is entitled to contend there is a contract he/she can enforce. However, the reliance must be reasonable. (See: reasonable reliance)

reliance

noun acceptance, affiance, assurance, assuredness, belief, certainty, certitude, confidence, conviction, credence, credulity, dependability, dependence, expectation, faith, fides, fiducia, security, support, sureness, troth, trust
See also: confidence, credence, credibility, credit, faith, mainstay, outlook, prospect, safety, security, trust, weight
References in periodicals archive ?
Its retail footwear business, Reliance Footprint, operates 200 stores across 100 cities.
Reliance Jio announced its second agreement with Reliance Communications to share 45,000 telecom towers in a deal worth Rs 12,000 crore.
Reliance Infrastructure is one of the 61 coal blocks which have not obtained environment and forest clearances.
Brietling "is there on site monitoring the daily operations of Reliance," said Rosanne Placey, a spokeswoman for the Pennsylvania department.
Even if G really always had such intent, reliance on the backdated document and journal entries is not a valid RCGF defense.
As an early pioneer of Ethernet services, Reliance Globalcom has worked aggressively to meet the demands of global multinational enterprises and provider partners, and is continuing to drive the expansion of innovative Ethernet services across the globe," said Punit Garg, President and CEO, Reliance Globalcom.
MEC India has shared a long standing relationship with various companies in the Reliance Group and our objective will be to provide superior assistance with media, analytics, content, activation and digital media services, as we have been doing with the award winning RCOM mandate in the past.
Reliance Mart is the most money-spinning format that has led the company eye on tier 1 and tier 2 cities.
The Supreme Court recognized that reliance on a tax professional is reasonable cause when an issue involves a matter of tax law.
Reliance Global Call is the leader in the global virtual calling card services with a market share of over 40% and services to over 200 countries.
As a part of quadruple launch festivities, Reliance Digital has put in place an exclusive offer wherein customers stand a chance to win free Rs.
Reliance found that certain behaviors in the life cycle of a claim significantly affected the claim's outcome; it also discovered that 45% of company professionals' time was spent on activities that had no impact on outcome.

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