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Limited liability

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8y ago
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6mo ago

The term that describes this fact is limited liability. It means that the owners of corporate shares or stocks are not personally liable for the company's debts or obligations beyond the amount they originally invested.

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Q: What is the term that describes the fact that owners of corporate shares or stocks do not risk anything beyond their original investment?
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What describes that owners of corporate shares or stocks do not risk anything beyond their original investment?

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