☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Limited Liability (Detail)

The principle that shareholders are not personally liable for corporate debts beyond their investment — the cornerstone of the corporate form.

Category: Corporate Law · Source: Black's Law Dictionary
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: