Phrase guide

limited liability

noun · 2 senses · updated from the 2026-07-25 local source snapshot

Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.

Sound

Pronunciation

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No pronunciation record was provided for this word.

1

noun

Meaning 1

The liability of an owner or a partner of a company for no more capital than they have invested.

Definition source: English Wiktionary via Wiktextract

Usage: countable, uncountable

Topics: business, finance

No example sentence was provided for this meaning.

Meaning relationships

Synonyms: none provided

Antonyms: none provided

2

noun

Meaning 2

the liability of a firm's owners for no more than the capital they have invested in the firm

Definition source: Princeton WordNet 3.0

No example sentence was provided for this meaning.

Meaning relationships

Synonyms: none provided

Antonyms: none provided

Broader terms: indebtedness, liability, financial obligation

History

Etymology

No etymology was provided for this word.

Across languages

Translations

5 source translations are retained for this English entry.

  • Bulgarian: ограничена отговорност (ograničena otgovornost) — (finance) The liability of an owner or a partner of a company for no more capital than they have invested
  • French: responsabilité limitée — (finance) The liability of an owner or a partner of a company for no more capital than they have invested
  • Italian: responsabilità limitata — (finance) The liability of an owner or a partner of a company for no more capital than they have invested
  • Māori: taunaha tāpui — (finance) The liability of an owner or a partner of a company for no more capital than they have invested
  • Polish: ograniczona odpowiedzialność — (finance) The liability of an owner or a partner of a company for no more capital than they have invested