: liability (as of a stockholder or shipowner) limited by statute or treaty
Examples of limited liability in a Sentence
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On Monday, College Sports Commission LLC was registered as a limited liability company with the Delaware Secretary of State.—Daniel Libit, Sportico.com, 15 Apr. 2025 Analysis The quirk in this case is that, unlike the vast majority of states, New York limited liability company law does not limit a creditor's remedy against a debtor's LLC interest to a charging order.—Jay Adkisson, Forbes.com, 14 Apr. 2025 Forming a corporation brings several benefits, but the most important is limited liability.—Ian Millhiser, Vox, 24 Mar. 2025 The website for the sneakers Trump has promoted are also from a limited liability company, 45Footwear LLC, that has a license agreement to use the Trump name.—Jennifer Jacobs, CBS News, 10 Jan. 2025 See All Example Sentences for limited liability
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