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 All four of the Remarkable nursing homes are linked to limited liability companies owned or operated by Laurie Beth and Jon McPike of Southlake. Ciara McCarthy, Fort Worth Star-Telegram, 29 Mar. 2024 Prior to the statement from Isaacs, Hamra’s campaign told The Star in an email that Hamra, through a limited liability company, purchased property in Springfield in 2011. Kacen Bayless, Kansas City Star, 25 Mar. 2024 They are protected by a maze of interlocking trusts and limited liability companies. Rukmini Callimachi, New York Times, 24 Mar. 2024 The app is owned by TikTok LLC, a limited liability company incorporated in Delaware and based in Culver City, California. Laura He, CNN, 18 Mar. 2024 The successful bidder was a limited liability company, Big Country Note, LLC, that previously acquired the note associated with the 151-unit apartment complex located at 6200 Colonel Glenn... Joseph Flaherty, arkansasonline.com, 14 Mar. 2024 In fact, the state’s Business and Professions Code does not even allow private patrol operator licenses to be issued to entities registered as limited liability companies. Jakob Rodgers, The Mercury News, 7 Mar. 2024 Additionally, eight entities, including a non-profit, a limited partnership, and six limited liability companies, all registered in Delaware, are named in the lawsuit. Nizan Geslevich Packin, Forbes, 1 Mar. 2024 The limited liability company associated with the main house, 376 Gin Lane, received a $15 million loan from Morgan Stanley in 2011, according to public records. Jacob Bernstein, New York Times, 21 Feb. 2024

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 19 Apr. 2024.

More from Merriam-Webster on limited liability

Last Updated: - Updated example sentences
Love words? Need even more definitions?

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