Meaning UNLIMITED LIABILITY: Full liability for the debt and other obligations of a legal entity. The general partners of a partnership have unlimited liability
More terms such as Unlimited liability in Dictionary U.
- Definition U.S. Treasury Note:
- Examples U.S. government debt with a maturity of one to 10 years unlimited liability definition.
- Definition Unearned Interest:
- Examples Interest that has been received on a loan, but that cannot be treated as a part of earnings yet, because the principal of the loan has not been outstanding long enough unlimited liability explain.
- Definition U.S. Treasury Bond:
- Examples U.S. government debt with a maturity of more than 10 years unlimited liability what is.
- Definition Uniform Gifts To Minors Act (UGMA):
- Examples Legislation that provides a tax-effective manner of transferring property to minors without the complications of trusts or guardianship restrictions unlimited liability meaning.
- Definition Uniform Practice Code:
- Examples Standards of the NASD prescribing procedures for handling over-the-counter securities transactions, such as delivery, settlement date, and ex-dividend date unlimited liability abbreviation.
