limited liability
DefinitionType of investment in which a partner or investor cannot lose more than the amount invested. Thus, the investor or partner is not personally responsible for the debts and obligations of the company in the event that these are not fulfilled.
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limited liability is ...
... part of the Trading subject.
... part of the Trading subject.
Related Terms
corporate, Limited Liability Company, LLC, proprietor, general partnership
limited liability appears in these other terms
Limited Liability Partnership
limited liability appears in the definitions of these other terms on BusinessDictionary.com
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