Dictionary

limited liability

3 ENTRIES FOUND:

limited liability

noun

Definition of LIMITED LIABILITY

:  liability (as of a stockholder or shipowner) limited by statute or treaty

First Known Use of LIMITED LIABILITY

1848

Browse

Next Word in the Dictionary: limited liability partnershipPrevious Word in the Dictionary: limited fee simpleAll Words Near: limited liability
February 28, 2015
pontificate Hear it
To speak pompously or dogmatically
Take a 3-minute break and test your skills!
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears