limited liability

• Estructura jurídica en la que la responsabilidad financiera de una persona se limita a una cantidad fija, generalmente el valor de su inversión en una empresa o sociedad, protegiendo así sus bienes personales frente a las deudas del negocio.

A legal structure where a person's financial liability is limited to a fixed sum, most commonly the value of their investment in a company or partnership, protecting personal assets from business debts.

1. Legal protection for investorsB2formal

   A legal structure where a company's owners or shareholders are only responsible for the company's debts up to the value of their investment.

   Responsabilidad limitada

   • The partners decided to form a limited liability company to protect their personal assets.
   • Limited liability encourages investment by reducing personal financial risk.
   • Under limited liability, shareholders cannot lose more than they invested.