HyperDic: limited_liability

English > 1 sense of the expression limited liability:
NOUNpossessionlimited liabilitythe liability of a firm's owners for no more than the capital they have invested in the firm
English > limited liability: 1 sense > noun 1, possession
MeaningThe liability of a firm's owners for no more than the capital they have invested in the firm.
Broaderindebtedness, liability, financial obligationAn obligation to pay money to another party
Spanishresponsabilidad limitada

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