nonassessable

nonassessable
nonassessability, n.
/non'euh ses"euh beuhl/, adj.
(of stock) exempting the investor from any expense or liability beyond the amount of his or her investment.
[NON- + ASSESSABLE]

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Universalium. 2010.

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Look at other dictionaries:

  • nonassessable — [spelling only] …   English World dictionary

  • nonassessable — | ̷ ̷+ adjective Etymology: non (I) + assessable : exempting the owner from further contributions to the capital or business of an issuing corporation and when fully paid for entailing no further liability on the part of the owner either to the… …   Useful english dictionary

  • nonassessable — adjective /ˌnɒnəˈsɛsəbəl/ Unable to estimate or assess something; not assessable. Syn: unassessable Ant: assessable …   Wiktionary

  • nonassessable — adj. not able to be evaluated, inestimable; not financially liable (about stocks) …   English contemporary dictionary

  • nonassessable — non·assessable …   English syllables

  • nonassessable mutual — noun : a mutual company issuing policies not subject to assessment …   Useful english dictionary

  • АКЦИЯ БЕЗ ДОПОЛНИТЕЛЬНОГО ВЗЫСКАНИЯ — NONASSESSABLE STOCKАкция, с владельца к рой в законном порядке нельзя потребовать дополнительного платежа в случае неплатежеспособности или чего либо иного. Такое ограничение обязательств является одним из основных преимуществ акционерной формы… …   Энциклопедия банковского дела и финансов

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… …   Black's law dictionary

  • stock — The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense, the capital of a merchant or other person, including his merchandise, money, and credits, or, in other words, the entire property employed in business.… …   Black's law dictionary

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