Unlimited Liability Corporation

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ULC
Pronunciation
/ənˈlɪmɪtɪd ˌlaɪəˈbɪlɪti ˌkɔrpərˈeɪʃən/
Category
Business
Related Field
Companies & Firms

Examples in Context

  1. Since capital was a kind of rare resource, unlimited liability was favorable to the corporation's productive accumulation of profits.

Other meanings of ULC