If you buy stock in a company the most you can lose is the money you put up, so that's called limited liability.

如果你买了一个公司的股票,你最多只会赔掉投进去的钱,所以这叫做有限责任

耶鲁公开课 - 金融市场课程节选

The management might say, well what do you mean we didn't lose any money this year?

管理人员会说,今年我们没有赔钱是什么意思

耶鲁公开课 - 金融市场课程节选