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

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First United American is a limited liability company affiliated with Jones’ dietary supplements business, and its bid had Jones’ blessing. —

David Ingram, NBC News, 11 Dec. 2024 This applies to about 32.6 million businesses, including certain corporations, limited liability companies and others, according to federal estimates. —

Greg Iacurci, CNBC, 9 Dec. 2024 His holdings include more than 100 parcels of residential and commercial real estate owned by his numerous limited liability companies. —

Alexandria Burris, The Indianapolis Star, 7 Nov. 2024 Ownership by corporate landlords, which CNN calculated by combining limited liability entities, real estate corporations and real estate investment trusts, stood at 16%. —

Samantha Delouya, CNN, 21 Oct. 2024 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

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Dictionary Entries Near limited liability

limited fee simple

limited liability

limited liability partnership

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“Limited liability.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limited%20liability. Accessed 22 Dec. 2024.

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