/ʌnˈlɪmɪtɪd laɪəˈbɪləti/ – Phrase
Definition: Trách nhiệm không giới hạn
A more thorough explanation: 1. a situation where a business or entity is responsible for all business debts, especially ones arising from a particular event
2. a situation where a person such as a sole trader or a partner is personally responsible for all business debts
Example: 1. The airlines face potentially unlimited liability.
2. Individual members of the reinsurance syndicate face unlimited liability for a bill of nearly £8bn.