: liability (as of a stockholder or shipowner) limited by statute or treaty
Examples of limited liability in a Sentence
Recent Examples on the WebThe lawsuit, funded by a limited liability company associated with Baltimore Sun owner David Smith, is ongoing.—Lilly Price, Baltimore Sun, 29 Mar. 2024 Perhaps the strongest tie is that someone set up limited liability companies in California under the names of the closed institutions.—Chris Quintana, The Courier-Journal, 9 May 2024 See all Example Sentences for limited liability
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.
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