Absolve (v) To forgive or free from blame.
When an investor's liability is limited only to the initial investment
there are two version for this, one is called MVA (market value addition) and other is EVA ( economic value addition).
It means that some governing body, city, state, or federal has taken away a corporations right to be a corporation. The business may possibly continue in some other form such as a limited liability...
Sergent first class