limited company

Noun
Synonyms: limited companyLtd.Ld.

WordNet 3.0

Noun (1)

  1. a company that is organized to give its owners limited liabilitySynonyms: limited companyLtd.Ld.
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Webster's Dictionary (GCIDE)

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 number of shares he has taken, so that he can not be called on to contribute beyond the amount of his shares. [Eng.] --Mozley & W. [1913 Webster]

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