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limited liability

noun
/ˌlɪmɪtɪd laɪəˈbɪləti/
/ˌlɪmɪtɪd laɪəˈbɪləti/
[uncountable] (law法律)
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  1. (in the UK) the legal position by which the shareholders of a company only have to pay its debts up to the value of their shares有限责任

See also: limited liability

limited liability
Investing and investments: annuity, arbitrage, blue chip...

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