bn:00051257n
Noun Concept
Categories: Corporate governance, Liability, Business law, Shareholders
EN
limited liability  liability is limited  Liability limit  Limit of liability  limited-liability
EN
The liability of a firm's owners for no more than the capital they have invested in the firm WordNet 3.0
Definitions
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EN
The liability of a firm's owners for no more than the capital they have invested in the firm WordNet 3.0 & Open English WordNet
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or partnership. Wikipedia
Business structure where shareholders cannot owe more than their stake in a venture Wikidata
The liability of an owner or a partner of a company for no more capital than they have invested. Wiktionary
( finance ) The liability of an owner or a partner of a company for no more capital than they have invested. Wiktionary (translation)