what is limited liability 
limited liability is a type of legal structure for an organization where a corporate loss will not exceed the amount invested in a partnership or limited liability company llc in other words investors and owners private assets are not at risk if the company fails in germany it s known as gesellschaft mit beschr nkter haftung gmbh the limited liability feature is one of the biggest advantages of investing in publicly listed companies while a shareholder can participate wholly in the growth of a company their liability is restricted to the amount of the investment in the company even if it subsequently goes bankrupt and has remaining debt obligations 