What does "limited-liability" mean?

Of a business entity, having liability for legal claims that is limited to the assets of the entity itself, and which therefore does not reach the assets of the individual owners/investors of the company.

Limited-liability

adj

adj ·Rare ·Advanced level

Definitions

Adjective

1
Of a business entity, having liability for legal claims that is limited to the assets of the entity itself, and which therefore does not reach the assets of the individual owners/investors of the company. not-comparable

Example

More examples

"Our company is a limited-liability company."

More for "limited-liability"

Synonyms Sentences Pronunciation Translate

Next best steps

Find stronger synonyms See usage examples Check pronunciation Browse writing guides

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.