limited liability

noun

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

Examples of limited liability in a Sentence

Recent Examples on the Web Perhaps the strongest tie is that someone set up limited liability companies in California under the names of the closed institutions. Chris Quintana, The Courier-Journal, 9 May 2024 The building is owned by Tower 180 Owner LLC, a limited liability company that is not named in the lawsuit. Jeff McDonald, San Diego Union-Tribune, 4 May 2024 See all Example Sentences for limited liability 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'limited liability.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1848, in the meaning defined above

Time Traveler
The first known use of limited liability was in 1848

Dictionary Entries Near limited liability

Cite this Entry

“Limited liability.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20liability. Accessed 29 May. 2024.

More from Merriam-Webster on limited liability

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