limited company

noun
a company that is organized to give its owners limited liability
Syn: ↑Ltd., ↑Ld.
Hypernyms: ↑company

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noun or limited-liability company
Britain : a company in which the liability of each shareholder is limited to the par value of his stock or to an amount fixed by a guarantee

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Brit.
a company in which the shareholders cannot be assessed for debts of the company beyond the sum they still have invested in the company. Also called limited-liability company /lim"i tid luy'euh bil"i tee/.
[1850-55]

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limited company or limˈited-liabilˈity company noun
One whose owners have liability for its debts, etc only according to their financial stake in it
• • •
Main Entry:limit

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limited company UK US noun [countable] [singular limited company plural limited companies] business
a company whose owners are legally responsible for only a limited amount of its debts
Thesaurus: general types of business or companyhypernym general words for business people and managershyponym

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limited company,
a company in which the liability of stockholders is limited to the amount of money they invested in the company.

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ˌlimited ˈcompany [limited company] (also ˌlimited liaˈbility company) noun
(in Britain) a company whose owners only have to pay a limited amount of its debts
see also Ltd

Useful english dictionary. 2012.

Look at other dictionaries:

  • limited company — also .limited lia bility .company n a company in Britain whose owners only have to pay a limited amount if the company gets into debt →↑public limited company …   Dictionary of contemporary English

  • limited company — All companies have limited liability except for those incorporated as unlimited companies. The latter are rarely encountered and tend only to be used to serve specific tax or accounting arrangements. Easyform Glossary of Law Terms. UK law terms.… …   Law dictionary

  • Limited company — Limited Lim it*ed (l[i^]m [i^]t*[e^]d), a. Confined within limits; narrow; circumscribed; restricted; as, our views of nature are very limited. [1913 Webster] {Limited company}, a company in which the liability of each shareholder is limited by… …   The Collaborative International Dictionary of English

  • limited company — noun count MAINLY BRITISH a company whose owners are legally responsible for only a limited amount of its DEBTS …   Usage of the words and phrases in modern English

  • Limited Company — Aktie der Barnum Bailey Limited Limited Company (deutsch: limited: beschränkt, hier: haftungsbeschränkt; company: Firma) wird im britischen Gesellschaftsrecht die nicht börsennotierte Aktiengesellschaft genannt. Die Limited Company ist in… …   Deutsch Wikipedia

  • Limited company — Companies law Company  …   Wikipedia

  • limited company — A form of business commonly used in the U.K. comparable to incorporation in the U.S. Bloomberg Financial Dictionary A limited company is privately owned with less than 50 shareholders having limited liability. Nearly all newly formed companies in …   Financial and business terms

  • limited company — A company in which the liability of the members in respect of the company s debts is limited. It may be limited by shares, in which case the liability of the members on a winding up is limited to the amount (if any) unpaid on their shares. This… …   Accounting dictionary

  • limited company — A company in which the liability of the members in respect of the company s debts is limited. It may be limited by shares, in which case the liability of the members on a winding up is limited to the amount (if any) unpaid on their shares. This… …   Big dictionary of business and management

  • Limited Company - LC — A form of incorporation that limits the amount of liability undertaken by the company s shareholders. The naming convention for this type of corporate structure is commonly used in the United Kingdom. It is commonly known as a limited liability… …   Investment dictionary

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