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UNLIMITED LIABILITY
\ʌnlˈɪmɪtɪd lˌa͡ɪəbˈɪlɪti], \ʌnlˈɪmɪtɪd lˌaɪəbˈɪlɪti], \ʌ_n_l_ˈɪ_m_ɪ_t_ɪ_d l_ˌaɪ_ə_b_ˈɪ_l_ɪ_t_i]\
Definitions of UNLIMITED LIABILITY
1910 - Black's Law Dictionary (2nd edition)
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When
personal
assets
are
used
to
absorb
business
failure
.
Refer
to
piercing
the
corporate
veil
.
1910
- Black's Law Dictionary (2nd edition)
By Henry Campbell Black
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