Word.ws English Dictionary

no liability

no liability noun: 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.

Noun

no liability (uncountable)

  1. (Australia) 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.
    • It was originally estimated that the mill of the Kingsgate Molybdenite No Liability, Kingsgate, NSW, would have been completed by the end of March,[…].1918, Australian Mining, volume 11, page 210
    • The use of no-liability companies is restricted to companies whose sole objective is mining, as designated by the Corporations Law. However, it is not necessary for a mining company to be a no-liability company.1993, Doing business in Australia, Price: Waterhouse & Co, Part 66, page 65

Forms of no liability

alternative formno-liability

Words formed from no liability

Questions about no liability

What does no liability mean?
No liability means 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.
What part of speech is no liability?
No liability is a noun.

Words near no liability in the dictionary

  1. no kidding
  2. no kizzy
  3. no later than
  4. no laughing matter
  5. no less
  6. no liability
  7. no limit
  8. no lone zone
  9. no longer
  10. no longer with us
  11. no love lost

Source and license

Adapted from Wiktionary: no liability (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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Pronunciation audio from Wikimedia Commons, each file under its own free license: en-au-no liability.ogg.

Cite this entry: “no liability.” Word.ws, https://word.ws/no_liability. Based on Wiktionary, CC BY-SA 4.0.