limited liability
limited liability · limited liabilities
The liability of an owner or a partner of a company for no more capital than they have…The liability of an owner or a partner of a company for no more capital than they have invested.
Meaning
1 senses(countable, uncountable)The liability of an owner or a partner of a company for no more capital than they have invested.
the liability of a firm's owners for no more than the capital they have invested in the firm
Translations
3 languagesForms
plural: limited liabilities| Singular | limited liability |
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| Plural | limited liabilities |
regular
Word family
1 related wordsRelatedno liability
Lessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable