private limited company
noun /ˌpraɪvət ˌlɪmɪtɪd ˈkʌmpəni/
/ˌpraɪvət ˌlɪmɪtɪd ˈkʌmpəni/
- (in Britain) a type of company, usually small, that does not issue shares to the public. The company's name is usually followed by 'Ltd', short for 'Limited'. compare plc