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Limited liability
In the case of owning stock, this is the guarantee that the maximum one can lose (say, if the company goes bankrupt) is the initial investment made.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Stocks & securities
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
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