Limited liability

Definition:

The legal protection given stockholders whereby they are responsible for the debts and obligations of a corporation only to the extent of their capital contributions.

Related terms:

Comfort letter

Positive confirmation (positive request)

Useful articles:

»	Financial Seminar Preparation Techniques That Will Maximize Your Success
»	Networking Your Marketing Strategies
»	Differentiation Through Unique Value
»	How To Jump-Start Revenues For Any Company

Marketing calc

This calculator is designed to help you estimate your return on investment from a marketing campaign

Cost Spreading

This is a cost spreading calculator that can be used to spread the estimated cost of up to 8 years.

Spouse Work

This calculator shows the additional income that a working spouse can earn and the expenses

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

E-commerce

Cement Stronger Customer Relationships By Following The Confirmation Letter ABC's

As more entrepreneurs enter into online commerce, many make a common mistake: they get so involved with the technology that they forget that there's a live person on the other side of the computer ... [ more... ]

Legal

Application of Truth and Lending Act to Real Estate Advertising

The Truth in Lending Act is part of the Consumer Credit Protection Act. The purpose of the Act is to require creditors, or persons advertising the availability of credit, to disclose in a meaningfu... [ more... ]

Negotiation

Negotiating to Yes! 10 Steps to Getting What You Want

Today in business you don’t get what you ask for—you get what you negotiate. You see, everybody wants to know “What’s in it for me?” So for you to get w... [ more... ]

Term: Accounting -> Limited liability