limited company

American

[lim-i-tid kuhm-puh-nee] / ˈlɪm ɪ tɪd ˈkʌm pə ni /

noun

British.

a company in which the shareholders cannot be assessed for debts of the company beyond the sum they still have invested in the company.

limited company British

noun

a company whose owners enjoy limited liability for the company's debts and losses

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of limited company

First recorded in 1850–55

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

People who run limited companies are not personally liable for that company's debts.

From BBC

Nepal's resources should belong to the people, not to "politicians' private limited companies", she wrote, calling on her peers to "march against corruption and the misuse of our nation's wealth".

From BBC

Depher was a CIC - or Community Interest Company - which is a special type of UK limited company that exists to benefit the community rather than for private profit.

From BBC

Reform UK was founded as a private limited company, with Farage holding the majority of shares.

From BBC

Due to their success, the couple have become a limited company - registered with Companies House - and have signed with a management agency.

From BBC

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023