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.
The various layers of limited liability companies behind the project, listed in fine print on the $Trump meme website, obscure which individuals stand to benefit. Maximilian Brichta, The Conversation, 30 Jan. 2025 Reporting companies include limited liability companies, corporations, and partnerships. Tax Notes Staff, Forbes, 21 Jan. 2025 In early 2023, the Turkey Leg Hut’s limited liability company filed for bankruptcy, with documents showing the restaurant would no longer occupy its original location. Jasmine Browley, Essence, 14 Jan. 2025 One proposal was for a deal between Eric Trump Wineries and a limited liability company that would use the Trump name under a license agreement, two of the people said. Jennifer Jacobs, CBS News, 10 Jan. 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

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 7 Feb. 2025.

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