Noun Phrase
/ˈæb.sə.luːt ˈlɪm.ɪ.tɪd laɪəˈbɪl.ɪ.ti/
Meaning: Absolute limited liability refers to a type of financial obligation where the liability of the owners of a company is limited to the amount they invested in the company. In other words, if the company incurs debts or legal obligations, the personal assets of the owners are not at risk beyond their investment in the company.
Usage: This term is widely used in legal, financial, and business contexts, particularly concerning corporate structures such as limited liability companies (LLCs) and corporations.
Frequency of Use: The term is frequently present in written contexts, particularly in legal documents, business regulations, and financial analyses. It is less common in casual oral speech, where simplified language might be preferred.
*При создании нового стартапа многие предприниматели выбирают структуру абсолютной ограниченной ответственности, чтобы защитить свои личные активы. *
Investors often feel more secure when investing in companies with absolute limited liability because their financial risk is minimized.
*Инвесторы часто чувствуют себя более защищенными, вкладывая деньги в компании с абсолютной ограниченной ответственностью, так как их финансовый риск минимален. *
The concept of absolute limited liability encourages individuals to invest in riskier ventures without the fear of losing personal property.
While "absolute limited liability" itself is not commonly featured in idiomatic expressions, it is often discussed within the larger framework of business and finance-related idioms. Here are some idiomatic expressions related to liability:
Структура "общество с ограниченной ответственностью" защищает владельцев от личной ответственности за долги.
"No liability insurance": Refers to a situation where an individual or business does not have coverage to protect against legal claims.
Отсутствие страховки от ответственности означает, что бизнес рискует столкнуться с большими судебными исками.
"Assume liability": To take responsibility for something, especially in a legal context.
Взять на себя ответственность означает принимать все юридические последствия своих действий.
"Liability waiver": A document that frees one party from liability.
Отказ от ответственности - это документ, освобождающий одну сторону от обязательств за ущерб.
"Limit his liability": To reduce one's responsibilities or obligations in a situation.
The term "absolute" derives from the Latin "absolutus" meaning "unrestricted" or "unattached." "Limited" comes from the Latin "limitatus," which means "bound" or "restricted." "Liability" originates from the Latin "ligare," meaning "to bind," signifying legal responsibility. The phrase collectively emphasizes the nature of responsibility being limited and defined.
Synonyms: - Restricted liability - Limited responsibility - Liability protection
Antonyms: - Unlimited liability - Personal liability - Sole proprietorship (as it generally places personal assets at risk).
This comprehensive overview provides insight into the term "absolute limited liability," its implications, and its use in business and legal discussions.