The meaning of LIMITED LIABILITY is liability (as of a stockholder or shipowner) limited by statute or treaty.
Limited liability definition: 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.. See examples of LIMITED LIABILITY used in a sentence.
Define limited liability. limited liability synonyms, limited liability pronunciation, limited liability translation, English dictionary definition of limited liability. n Brit liability restricted to the unpaid portion of the par value of the shares of
Definition: Limited liability protects an owner, so he or she can’t lose more money than he invested in an investment. In other words, it refers to the amount of risk an investor takes when he invests in a company. Depending on the way a company is organized, the owners can actually ...
“Limited liability partnership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20liability%20partnership. Accessed 1 Jan. 2025. Copy Citation Share Post the Definition of limited liability partnership to Facebook Facebook Share the Definition ...
Limited liability is a type of liability that does not exceed the amount invested in a partnership or limited liability company.
limited liability n. the maximum amount a person participating in a business can lose or be charged in case of claims against the company or its bankruptcy. A stockholder in a corporation can only lose his/her investment, and a limited partner can only lose his/her investment, but a ...
Definition:Liability Limited Contract Type Jurisdiction Country Include Keywords Exclude Keywords Additional filters are available in search Open Search Use ofLiability Limitedin a Clause Open Split View Share Cite Liability Limited. $600 is the maximum annual value ofthis coverage. In most instances, ...
Limited Liability Company (LLC) Meaning and Definition Learn everything you need to know about Limited Liability Companies (LLC) in this beginner's guide.Start your online business today. For free.Start free trial When it comes to starting your business, there are many legal structures to consid...
Definition of Limited-liability company in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is Limited-liability company? Meaning of Limited-liability company as a legal term. What does Limited-liability company mean in law