Reference > Brewer’s Dictionary > Limited Liability.

 Lime Street,Limner. 
CONTENTS · BIBLIOGRAPHIC RECORD
E. Cobham Brewer 1810–1897. Dictionary of Phrase and Fable. 1898.
 
Limited Liability.
 
The liability of a shareholder in a company only for a fixed amount, generally the amount of the shares he has subscribed for. The Limited Liability Act was passed 1855.   1
 


 Lime Street,Limner. 

 
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