What is the definition of Piercing the corporate veil? | Dictionary.net

PIERCING THE CORPORATE VEIL

\pˈi͡əsɪŋ ðə kˈɔːpəɹət vˈe͡ɪl], \pˈi‍əsɪŋ ðə kˈɔːpəɹət vˈe‍ɪl], \p_ˈiə_s_ɪ_ŋ ð_ə k_ˈɔː_p_ə_ɹ_ə_t v_ˈeɪ_l]\

Definitions of PIERCING THE CORPORATE VEIL

1910 - Black's Law Dictionary (2nd edition)

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When shareholders must pay losses from their personal assets. Refer to limited liability.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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