limited liability

noun

a liability restricted by law or contract, as the liability of owners of shares in a corporation or limited company, or that of a special partner.

Origin of limited liability

First recorded in 1850–55

Words nearby limited liability

limit dextrin, limit dextrinase, limited, limited company, limited edition, limited liability, limited monarchy, limited partner, limited partnership, limited-payment life insurance, limited policy

Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020

Example sentences from the Web for limited liability

Eason recounted what he knew: that a limited-liability company was set up to buy a house where Jobs could recuperate.
Memphis Doctor Who Performed Steve Jobs’ Liver Transplant Bought His House|Andy Meek|June 26, 2012|DAILY BEAST
We've no limited-liability company act to fear, no treasury investigations.
A Lost Cause|Cyril Arthur Edward Ranger Gull

British Dictionary definitions for limited liability

limited liability

noun

British liability restricted to the unpaid portion (if any) of the par value of the shares of a limited company. It is a feature of share ownership

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Cultural definitions for limited liability

limited liability

A fundamental feature of corporations, whereby investors are liable only up to the amount of their investment.

notes for limited liability

This principle is important for failing corporations because it holds that only the assets of the corporation, not the personal assets of its owners, can be liquidated (see liquidation) to cover the corporation's debts.

单词	limited liability
释义	limited liability noun a liability restricted by law or contract, as the liability of owners of shares in a corporation or limited company, or that of a special partner. Origin of limited liability First recorded in 1850–55 Words nearby limited liability limit dextrin, limit dextrinase, limited, limited company, limited edition, limited liability, limited monarchy, limited partner, limited partnership, limited-payment life insurance, limited policy Dictionary.com UnabridgedBased on the Random House Unabridged Dictionary, © Random House, Inc. 2020 Example sentences from the Web for limited liability Eason recounted what he knew: that a limited-liability company was set up to buy a house where Jobs could recuperate. Memphis Doctor Who Performed Steve Jobs’ Liver Transplant Bought His House\|Andy Meek\|June 26, 2012\|DAILY BEAST We've no limited-liability company act to fear, no treasury investigations. A Lost Cause\|Cyril Arthur Edward Ranger Gull British Dictionary definitions for limited liability limited liability noun British liability restricted to the unpaid portion (if any) of the par value of the shares of a limited company. It is a feature of share ownership Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012 Cultural definitions for limited liability limited liability A fundamental feature of corporations, whereby investors are liable only up to the amount of their investment. notes for limited liability This principle is important for failing corporations because it holds that only the assets of the corporation, not the personal assets of its owners, can be liquidated (see liquidation) to cover the corporation's debts. The New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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