Limited liability

 

 

 

Limited liability

 

Glossary of business

 

Definition of limited liability

 

Limited liability means that any shareholders' loss is limited to the amount of capital they have invested in a company. Limited and public limited companies both enjoy limited liability but sole traders and partnerships have unlimited liability.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of limited liability

 

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Meaning of limited liability

 

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What does limited liability mean ?

 

 

 

 

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