nonassessable

adjective

non·​assessable
: exempting the owner from further contributions to the capital or business of an issuing corporation and when fully paid for entailing no further liability on the part of the owner either to the corporation or its creditors
nonassessable stock

Word History

Etymology

non- entry 1 + assessable

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Dictionary Entries Near nonassessable

Cite this Entry

“Nonassessable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/nonassessable. Accessed 2 Mar. 2024.

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