/ʌnˈlɪmɪtɪd ˈkʌmpəni/ – Phrase
Definition: công ty trách nhiệm vô hạn.
A more thorough explanation: An unlimited company is a type of business entity in which the liability of the members or shareholders is not limited. This means that the members are personally liable for the debts and obligations of the company to the full extent of their personal assets. Unlimited companies are often used in situations where the owners want to have more flexibility and control over the company’s operations, but they also carry a higher level of risk for the members.
Example: The partners in the unlimited company are jointly and severally liable for all debts and obligations of the business.