|
Definition of No liability
1. Noun. (Australia business legal) A form of limited liability that may be used by mining companies, under which the shareholders may pay a company debt by surrendering shares in lieu of money. ¹
¹ Source: wiktionary.com
|
1. Noun. (Australia business legal) A form of limited liability that may be used by mining companies, under which the shareholders may pay a company debt by surrendering shares in lieu of money. ¹
¹ Source: wiktionary.com