C2 noun #135,620 most common

The liability of an owner or a partner of a company for no more capital than they have invested.

limited liability in 30 Seconds

  • (noun) The liability of an owner or a partner of a company for no more capital than they have invested.

Meanings

  1. 1
    noun The liability of an owner or a partner of a company for no more capital than they have invested.
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