double liability

noun

Definition of double liability

: the liability of the owner of stock (as of a bank) that is subject to assessment up to its face value although originally full-paid

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Learn More about double liability

Statistics for double liability

Cite this Entry

“Double liability.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/double%20liability. Accessed 24 Nov. 2020.

Comments on double liability

What made you want to look up double liability? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

Test Your Vocabulary

A Thanksgiving Word Quiz

  • a traditional thanksgiving dinner
  • November comes from a word for which of the following numbers?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Syn City

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!