00:10
00:09
00:08
00:07
00:06
00:05
00:04
00:03
00:02
00:01
| a printed punctuation mark (‽), available only in some typefaces, designed to combine the question mark (?) and the exclamation point (!), indicating a mixture of query and interjection, as after a rhetorical question. |
| a gadget; dingus; thingumbob. |
| limited liability | |
| —n | |
| (Brit) liability restricted to the unpaid portion (if any) of the par value of the shares of a limited company. It is a feature of share ownership | |
A fundamental feature of corporations, whereby investors are liable only up to the amount of their investment.
Note: This principle is important for failing corporations because it holds that only the assets of the corporation, not the personal assets of its owners, can be liquidated (see liquidation) to cover the corporation's debts.