Last Updated
:2025/11/19
sole trader
( plural )
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(business) A type of enterprise or proprietorship which is owned by one person who is fully liable for the company's debts and fulfilment of contracts with his/her personal wealth unless incorporated.
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sole trader
As a sole trader, she is personally responsible for all the business's debts and contracts.
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As a sole trader, she is personally responsible for all the business's debts and contracts.
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