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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
In 2023, a limited liability company named Hatchworks applied for Indiana's sales tax exemption. Paige Tortorelli,pippa Stevens,agne Tolockaite, CNBC, 20 June 2025 The group of defendants included four homeowners and five limited liability companies: Akiva Nourollah, Micah Hiller, Haim Amran Zrihen, Rachel Florence Saadat, Hiller Hospitality, Hiller Hospitality Group, 1070 Bedford, Red Rock and Coastal Charm. Jack Flemming, Los Angeles Times, 20 June 2025 Some people advise, to keep personal information from public property tax records, to buy a house under a limited liability company, but that can also bring financial drawbacks, Flynn noted. Mara H. Gottfried, Twin Cities, 19 June 2025 The seller is listed as a limited liability company in public property tax records, Slide Job LLC. Joe Marusak, Charlotte Observer, 19 June 2025 See All Example Sentences for limited liability

Word History

First Known Use

1848, in the meaning defined above

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

Cite this Entry

“Limited liability.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20liability. Accessed 29 Jun. 2025.

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