A type of investment in which a partner or investor can lose an unlimited amount of money. opposite of limited liability.
Related information about unlimited liability:
- Unlimited Liability - Financial Dictionary - The Free Dictionary
Full liability for the debt and other obligations of a legal entity. The general partners of a partnership have unlimited liability.
- Limited liability - Wikipedia, the free encyclopedia
By contrast, sole proprietors and partners in general partnerships are each liable for all the debts of the business (unlimited liability). Although a shareholder's ...
- What is unlimited liability? definition and meaning - InvestorWords.com
Definition of unlimited liability: A type of investment in which a partner or investor can lose an unlimited amount of money. opposite of limited liability.
- Unlimited Liability Definition | Investopedia
A type of business where owners share joint and several responsibility for the entire amount of debt and other liabilities amassed by the business. Unlimited ...
- What is unlimited liability? - BusinessDictionary.com
Definition of unlimited liability: Indefinite extent of liability to pay a firm's debts or obligations, extending beyond the investments of the firm's owner(s), partners, ...
- What Is Unlimited Liability?
Unlimited liability is a level of an owner or investor's responsibility in a business operation. If the liability is unlimited...
- What is unlimited liability of a partnership
The partner with unlimited liability is generally the initial person who started the partnership and owns the majority of the company. Unlimited liability means if the ...
- The Difference Between Limited & Unlimited Liability - Budgeting ...
Businesses fail all the time. That's just the way capitalism works. When a company goes belly-up, it often leaves behind a stack of unpaid bills. Who's responsible ...