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 Unmatched Book:
- Examples maturity of a bank's liabilities is shorter than that of its assets, it is said to be running an unmatched book. The term is commonly used with the Euromarket. Also refers to entering into OTC unlimited liability definition.
- Definition Unit Benefit Formula:
- Examples Method used to determine a participant's benefits in a defined benefit plan. Involves multiplying years of service by the percentage of salary unlimited liability explain.
- Definition Underfunded Pension Plan:
- Examples A pension plan that has a negative surplus (i.e., liabilities exceed assets unlimited liability what is.
- Definition Underwriting Fee:
- Examples The portion of the gross underwriting spread that compensates the securities firms that underwrite a public offering for their services unlimited liability meaning.
- Definition Up:
- Examples Market indication; willingness to go both ways (buy or sell) at the mentioned volume and market. Print; up on the ticker tape, confirming that the trade has been executed unlimited liability abbreviation.
