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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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 And one day after the title transfer from the two individuals to Smith, Smith allegedly went on to execute another deed transfer of the property — this time to a limited liability corporation called Cass Group, the music school's court filings claim. Jc Reindl, Detroit Free Press, 24 Sep. 2024 In the morning, First United American Cos., a limited liability company that runs Jones’ online supplements store, filed an emergency motion to disqualify the winning bid of The Onion’s parent company, Global Tetrahedron,’ to purchase the Infowars media empire and other assets. Kat Tenbarge, NBC News, 18 Nov. 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

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 21 Dec. 2024.

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