noun, noun or participle which takes 'suru', transitive verb
exemption from responsibility; disclaimer; release from liability
Formal term used in legal, insurance, and contractual contexts. Often appears in compounds like 免責事項 (disclaimer) or 免責条項 (exemption clause).
契約書には免責事項が明記されている。
The contract clearly states the disclaimer clauses.
この保険では
Under this insurance, damage caused by earthquakes is exempted from coverage.