: 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.
Renters do not qualify, and the properties must be owned by an individual rather than an entity such as a limited liability company, corporation, or irrevocable trust.—Hugh Cameron, MSNBC Newsweek, 18 Aug. 2025 State records show Cicero-Hamlin has registered four affiliated, limited liability companies since 2018 under the SHEBA name, which stands for the Society of Human Engagement and Business Alignment.—Edmund H. Mahony, Hartford Courant, 17 Aug. 2025 To carry out the abusive tax shelter, McPhee and his co-conspirators first instructed clients to restructure their business as a multi-member limited liability company (LLC), with 98% owned by a business trust and 2% personally owned by the client.—Kelly Phillips Erb, Forbes.com, 8 Aug. 2025 The main business entities are: Sole proprietorship, limited liability company (LLC), C-Corporation (C-Corp) and S-Corporation (S-Corp).—Jasmin Suknanan, CNBC, 22 July 2025 See All Example Sentences for limited liability
Share