- limited individual liability
- обмежена особиста відповідальність
English-Ukrainian law dictionary.
limited individual liability
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Limited liability — is a concept whereby a person s financial liability is limited to a fixed sum, most commonly the value of a person s investment in a company or partnership with limited liability. A shareholder in a limited company is not personally liable for… … Wikipedia
limited liability partnership — see partnership Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. limited liability partnership … Law dictionary
liability — li·a·bil·i·ty /ˌlī ə bi lə tē/ n pl ties 1: the quality or state of being liable 2: something for which one is liable: as a: a financial obligation: debt tax liability the bonds … Law dictionary
limited — [lim′it id] adj. 1. a) confined within bounds; restricted b) circumscribed or narrow in scope or extent c) brief; very short [a limited time ] ☆ 2. accommodating a restricted number of passengers, making fewer stops than on the regular runs, and… … English World dictionary
Limited liability company — This article is about a U.S. specific business entity form. For limited liability companies in the United Kingdom, see Limited company. For a general discussion of entities with limited liability, see Corporation … Wikipedia
Limited liability partnership — A limited liability partnership (abbreviated as LLP) has elements of partnerships and corporations. In an LLP, all partners have a form of limited liability for each individual s protection within the partnership, similar to that of the… … Wikipedia
Limited partnership — A limited partnership is a form of partnership similar to a general partnership, except that in addition to one or more general partners (GPs), there are one or more limited partners (LPs).The GPs are, in all major respects, in the same legal… … Wikipedia
liability — 1) In the broad legal sense, responsibility or obligation. For example, a person is liable to pay his debts, under the law; 2) In accounting, any debt owed by an individual or organization. Current, or short term, liabilities are those to be paid … Financial and business terms
Liability — A financial obligation, or the cash outlay that must be made at a specific time to satisfy the contractual terms of such an obligation. The New York Times Financial Glossary * * * liability li‧a‧bil‧i‧ty [ˌlaɪəˈbɪlti] noun liabilities PLURALFORM … Financial and business terms
limited liability — Legal liability that does not extend beyond the size of an individual’s investment in a Corporation or *partnership. A *stockholder does not suffer liability for a corporation’s debts beyond an amount invested in a corporation, while a *limited… … Auditor's dictionary
limited partnership — A partnership in which the liability of some, but not all, members is limited, being formed under laws permitting an individual to contribute a specified sum to the capital of the firm and then limit his liability for losses to that amount,… … Ballentine's law dictionary
