limited liability
/ˌlɪmɪtɪd laɪəˈbɪləti/noun
उच्चारण लिमिटिड लायबिलटी
सीमित दायित्व
Advanced word
noun
- 1
[U] law, business
the legal position in which the owners of a company have to pay its debts only up to the amount of money they have put into it
सीमित दायित्व
- Limited liability protects shareholders' homes and personal savings.
- They registered the business as a limited liability partnership.
?Which word?
Do not confuse limited liability and unlimited liability, in which an owner such as a sole trader must pay all the business's debts from personal money.
Limited liability और unlimited liability में अंतर रखें, जिसमें अकेले व्यापारी (sole trader) जैसे मालिक को व्यवसाय का पूरा कर्ज़ अपने निजी पैसे से चुकाना पड़ता है।
§Grammar and usage
Usage: This is why many company names end in 'Limited' or 'Ltd'.
Usage में इसी कारण बहुत-सी कंपनियों के नाम के अंत में 'Limited' या 'Ltd' लिखा होता है।