limited company

American  

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

noun

British.

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

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limited company British  

noun

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

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Etymology

Origin of limited company

First recorded in 1850–55

Example Sentences

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

From BBC • Sep. 21, 2024

Last November, Snyder also reportedly listed his primary residence to be in England when filing a certificate overseas for his private limited company, Snyder UK Investments Limited.

From Washington Times • Feb. 6, 2023

The certificate of incorporation of a private limited company for Snyder UK Investments Limited was filed Nov. 21 with the registrar of companies for England and Wales.

From Washington Post • Jan. 2, 2023

The BBC understands that money was paid back into the firm's limited company account - which recorded huge profits last year.

From BBC • Aug. 18, 2022

The same policy of guarding against an abuse of limited liability is evinced in the Companies Act 1862, which required that shares in the case of a limited company should be paid for in full.

From Encyclopaedia Britannica, 11th Edition, Volume 6, Slice 7 "Columbus" to "Condottiere" by Various