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Pronunciation varies by accent · adjective
(law) 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..
Use limited-liability when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Limited-liability means (law) 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..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
Use limited-liability where its definition matches the intended context.
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