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 But according to Moss, of the sheriff’s major narcotics unit, webs of limited liability companies and fictitious names can render many such efforts futile. Connor Sheets, Los Angeles Times, 8 June 2024 The lawsuit, funded by a limited liability company associated with Baltimore Sun owner David Smith, is ongoing. Lilly Price, Baltimore Sun, 29 Mar. 2024 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 20 Jun. 2024.

More from Merriam-Webster on limited liability

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