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Meaning of limited-liability | Babel Free

Adjective CEFR C2

Definitions

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.

not-comparable

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.

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