nonassessable

[non-uh-ses-uh-buh l]

adjective

(of stock) exempting the investor from any expense or liability beyond the amount of his or her investment.

Origin of nonassessable

non- + assessable

Related formsnon·as·ses·sa·bil·i·ty, noun

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018