Limited Liability Definition: How It Works in Corporations and Businesses
![](https://www.investopedia.com/thmb/SEgAY9jl-gbJl1k_cDVdwn742E0=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/limitedliability.asp-final-e27343f90a2b43b0bf3fb5edc09a1437.jpg)
Limited liability is a type of liability that does not exceed the amount invested in a partnership or limited liability company.
![](https://i0.wp.com/tutorstips.in/wp-content/uploads/2020/10/What-is-Limited-Liability-Partnership-LLP-min.png?fit=1366%2C768&ssl=1)
Limited Liability Definition: How It Works In Corporations, 48% OFF
![](https://www.legalzoom.com/sites/lz.com/files/sitemap/what-is-an-llc_IG-min.png)
What is an LLC? Limited liability company definition
![](https://www.delawareinc.com/images/limited-partner-vs-general-partner.png)
What is a Limited Partnership? Harvard Business Services, Inc.
![](https://www.investopedia.com/thmb/koKWWolEtxpCZXatfNgYqPqCpu0=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/soleproprietorship-Final-578020d8a89e486180a235fe9e76c9e9.jpg)
Sole Proprietorship: What It Is, Pros and Cons, and Differences From an LLC
![](https://cdn.jwplayer.com/v2/media/aWFRmOq4/poster.jpg?width=720)
Joint-Stock Company: What It Is, History, and Examples
What are the risks associated with investing in Rio Tinto, and how can they be mitigated? - Quora
![](https://cdn.shopify.com/s/files/1/0070/7032/files/Limited_liability_company_LLC_-_Inline_-_1200_x_548.png?v=1701429980)
10 Types of Business Structure (2024) - Shopify
![](https://res.cloudinary.com/zenbusiness/q_auto/v1/shared-assets/s2/raster/llc-steps-infographic.png)
How to Start an LLC, Limited Liability Company Formation
![](https://qph.cf2.quoracdn.net/main-thumb-292650821-200-evreiqlkailjcyykxicfbhotsowekhxp.jpeg)
What are the risks of buying and holding just one stock for life? What should investors be aware of before taking this approach? - Quora
![](https://qph.cf2.quoracdn.net/main-thumb-2378404421-100-jlkfieqrzsxuodaqmzcbobkjxulakcos.jpeg)
What are the risks of buying and holding just one stock for life? What should investors be aware of before taking this approach? - Quora
![](https://www.investopedia.com/thmb/Lf2V4dVfLqh8IXCG6rnbBRf_SM8=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/corporatecharter_final-675e13192f86463b9b686be7fc1957d5.png)
Corporate Charter: Definition, Purpose, and Legal Requirements
![](https://www.investopedia.com/thmb/UfFOLaGJn1BIwMqMUNwAKxxeEEk=/400x250/filters:no_upscale():max_bytes(150000):strip_icc()/incorporate.asp-FINAL-439d51364faa4329b7c06468adae2822.png)
Joint-Stock Company: What It Is, History, and Examples
What are the risks associated with investing in expensive Indian stocks, and how can investors mitigate them? - Quora
![](https://cdn.shopify.com/s/files/1/0070/7032/files/LLC_Meaningand_Definition.jpg?v=1661733654)
Limited Liability Company (LLC) Meaning and Definition - Shopify
![](http://www.incnow.com/wp-content/uploads/2022/07/UmbrellaLLC.2.jpg)
What is an Umbrella LLC? - IncNow