What is the meaning of Unlimited liability?

Full liability for the debt and other obligations of a legal entity. The general partners of a partnership have' Unlimited liability'.

Barry Goldsmith
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APABarry Goldsmith. (2010). unlimited liability. Retrieved September 20, 2026, from http://smartdefine.org/unlimited_liability/definitions/1165964
ChicagoBarry Goldsmith. 2010. "unlimited liability" http://smartdefine.org/unlimited_liability/definitions/1165964 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, unlimited liability, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/unlimited_liability/definitions/1165964>.
MLABarry Goldsmith. "unlimited liability" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/unlimited_liability/definitions/1165964>