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Definition of limited guarantee in English English dictionary
- guarantee of a pre-determined amount
- company limited by guarantee
- company that in the event of its breakup its owners will be responsible for its debts in an amount that was determined in advance
Related Terms
limited guarantee
Hyphenation
li·mi·ted guar·an·teeTurkish pronunciation
lîmıtıd gerıntiPronunciation
/ˈləmətəd ˌgerənˈtē/ /ˈlɪmətəd ˌɡɛrənˈtiː/
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