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liability vs limited liability

limited liability vs liability

liability and limited liability both are nouns.

Word NounAdjectiveVerbAdverb
liability Yes No No No
limited liability Yes No No No
As nouns, limited liability is a hyponym of liability; that is, limited liability is a word with a more specific, narrower meaning than liability:
  • liability: an obligation to pay money to another party
  • limited liability: the liability of a firm's owners for no more than the capital they have invested in the firm
Other hyponyms of liability include debt, arrears, account payable, payable, scot and lot.
liability (noun) limited liability (noun)
the quality of being something that holds you back the liability of a firm's owners for no more than the capital they have invested in the firm
an obligation to pay money to another party
the state of being legally obliged and responsible
Difference between liability and limited liability

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