limited liability

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limited liability

The liability of a firm's owners for no more capital than they have invested in the business.

limited liability

(Economics, Accounting & Finance / Stock Exchange) Brit 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

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Noun

limited liability - the liability of a firm's owners for no more than the capital they have invested in the firm

financial obligation, indebtedness, liability - an obligation to pay money to another party

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