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Uncommonlimited liability
The correct spelling is limited liability.
How to pronounce limited liability
noun
Say it like: Lim-ite-d l-iab-ili-tee
The correct spelling is limited liability. The liability of an owner or a partner of a company for no more capital than they have invested.
Usage Examples
No usage examples in context are available for this word.
Definition
noun
- 1.The liability of an owner or a partner of a company for no more capital than they have invested.
Similar words
Words related in meaning — check their spelling too.