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Ltd.
Ltd.abbr.1. or ltd. limited2. limited companyThesaurus| Noun | 1. | Ltd. - a company that is organized to give its owners limited liabilityLd., limited companycompany - an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage"Britain, Great Britain, U.K., UK, United Kingdom, United Kingdom of Great Britain and Northern Ireland - a monarchy in northwestern Europe occupying most of the British Isles; divided into England and Scotland and Wales and Northern Ireland; `Great Britain' is often used loosely to refer to the United Kingdom |
LegalSeelimited companyLtd.
Limited CompanyIn the United Kingdom, a company with limited liability amongst its owners; that is, shareholders who are not liable for more than their investment in case of insolvency. In other words, an owner of a limited company would lose the value of his/her investment if the company declares bankruptcy, but would not be held liable for other outstanding debts. A limited company is the most common corporation structure in the United Kingdom and is designated by "Ltd" after its name.
There are two types of limited companies. A limited company by guarantee has no shareholders but instead contains members who contribute a small amount to cover outstanding debts following a potential liquidation. This structure is common among British charities, and is used by the Financial Services Authority. A public limited company usually (but not always) trades publicly, and shareholders are only liable for the value of their individual investments. These companies are designated by "p.l.c." See also: Limited liability company, U.S. Corporation.Ltd. See limited company.Ltd.
Related to Ltd.: limited, LLC, Inc.Synonyms for Ltd.noun a company that is organized to give its owners limited liabilitySynonymsRelated Words- company
- Britain
- Great Britain
- U.K.
- UK
- United Kingdom
- United Kingdom of Great Britain and Northern Ireland
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