No liability

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    A form of limited liability that may be used by mining companies, under which the shareholders may pay a company debt by surrendering shares in lieu of money. Australia, uncountable

    "It was originally estimated that the mill of the Kingsgate Molybdenite No Liability, Kingsgate, NSW, would have been completed by the end of March,[…]."

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"It was originally estimated that the mill of the Kingsgate Molybdenite No Liability, Kingsgate, NSW, would have been completed by the end of March,[…]."

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