limited liability

listen to the pronunciation of limited liability
English - Turkish
sınırlı sorumluluk
limitet şirket

Related Terms

limited liability company
limitet şirket
limited liability company
limited şirket
limited liability corporation
limited şirket
limited liability companies
(Avrupa Birliği) limited şirket
limited tax liability
(Ticaret) sınırlı vergi sorumluluğu
English - English
The liability of an owner or a partner of a company for no more capital than they have invested
A limit on the amount of money a company or individual can be made to pay in the event of legal action
The legal protection given to stockholders of a corporation A stockholder's liability extends only to the total of his capital contribution
When "limited" is at the end of a Canadian company's name, the company's shareholders' responsibility for the debts of the company is limited to the amount of money they paid to buy the shares In contrast, ownership of a company by a sole proprietor or partnership carries unlimited personal legal responsibility for debts incurred by the business
(p 137) The responsibility of business's owners for losses only up to the amount they invest; limited partners and shareholders have limited liability
An individual's exposure to legal liability is limited by creating a corporation for business transactions This is achieved by virtue of the corporation existing as an independent entity
responsibility for debts up to the value of the company's share capital
When limited is at the end of a Canadian company's name, the company's shareholders' responsibility for the debts of the company is limited to the amount of money they paid to buy the shares In contrast, ownership of a company by a sole proprietor or partnership carries unlimited personal legal responsibility for debts incurred by the business
Where an entity can be sued, but enerally its owners cannot be held personally liable for debts or losses of the entity The classic limited liability entity is the corporation
the liability of a firm's owners for no more than the capital they have invested in the firm
Limitation of a shareholder's losses to the amount invested
The liability of a firm's owners for no more capital than they have invested in the business. the legal position of being responsible for paying only a limited amount of debt if something bad happens to yourself or your company. Condition under which the loss that an owner (shareholder) of a business may incur is limited to the capital invested in the business and does not extend to personal assets. The forerunners of limited-liability companies were limited partnerships, which were common in Europe and the U.S. in the 18th and early 19th centuries. In limited partnerships, one partner is entirely liable for losses and the other partners are liable only for the amounts they invested in the business. After the Joint-Stock Companies Act (1844) in England made incorporation easier, joint-stock companies with limited liability for all members became widespread. The development of the limited-liability company was crucial to the rise of large-scale industry in the late 19th and 20th centuries, since it enabled businesses to mobilize capital from a variety of investors who were unwilling to risk their entire personal fortunes in their investments. See also risk
The legal protection given stockholders whereby they are responsible for the debts and obligations of a corporation only to the extent of their capital contributions
Limitation of possible loss to what has already been invested
limited liability is a legal obligation of a firm's owners to pay back company debts only with the money they have already invested in the firm
The nature of stocks restricts the amount of money an investor may lose to the amount they have invested in case of company bankruptcy Shareholders are not liable for the debts of the corporation
Limitation of shareholders' losses to the amount invested Means that stockholders of a corporation are not personally liable for the debts of the company
Responsibility or obligation which is restricted to the limits set out
limited responsibility, partial legal responsibility
Limitation by a company’s memorandum of a member’s (shareholder’s liability to the amount, if any, unpaid on shares held by him (Section 5 Companies Act) The principle of limited liability is essential to the formation of a joint stock company
corporations have limited liability; with limited liability, the amount an investor in a corporation can lose is limited to the amount that he has invested in the firm
Limitation of loss to what has already been invested
Investor liability is limited to their personal investments in the corporation; courts cannot touch the personal assets of investors in the event that the corporation goes bankrupt
The right of an investor to limit potential losses to no more than the amount invested Equity shareholders, such as corporate stockholders and limited partners, have limited liability
Means that stockholders of a corporation are not personally liable for the debts of the company
A feature of share ownership that restricts the liability of shareholders to the amount they have invested in the corporation
Limitation of shareholders' losses to the amount invested
the restriction of one's potential losses to the amount invested The absence of personal liability
Normally applied to limited companies or limited liability partnerships The shareholders and partners who own such businesses have their liability limited to the value of any unpaid shares and the company or partnerships assets Beyond that they have no personal liability for its debts

Related Terms

limited liability companies
plural form of limited liability company
Limited Liability Company
{i} business or company organized in such a manner that its owners and shareholders are not personally liable for debts or other business liabilities (such as damages from lawsuits)
limited-liability
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
private limited liability company
A limited liability company that is not a public corporation
Turkish - English

Definition of limited liability in Turkish English dictionary

Related Terms

limited liability company
(Kısaltma) L.L.C
limited liability

    Hyphenation

    li·mi·ted li·a·bi·li·ty

    Turkish pronunciation

    lîmıtıd layıbîlîti

    Pronunciation

    /ˈləmətəd ˌlīəˈbələtē/ /ˈlɪmətəd ˌlaɪəˈbɪlɪtiː/
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