Understanding the meaning of limited liability - BoostVocab

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limited liability

/'lɪmɪtɪd_,laɪə'bɪlɪti/

Synonyms of limited liability Antonyms of limited liability Examples of limited liability Usage of limited liability Parts of limited liability Definition that contains limited liability Words sounding like limited liability Explanation of limited liability

noun
the liability of a firm's owners for no more than the capital they have invested in the firm
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type of:
financial obligation indebtedness liability

Explanation of limited liability

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