limited company

[ lim-i-tid kuhm-puh-nee ]

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. Compare limited liability company ( def ).

limited company

noun

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

Word History and Origins

Origin of limited company¹

First recorded in 1850–55

Example Sentences

The first step in the professionalisation process is to turn Reform into a normal political party, rather than a limited company, with the majority of shares owned by its self-appointed leader.

From BBC

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

From BBC

Unlike most political parties, Reform was established as a private limited company, with Farage holding the majority of shares.

From BBC

She said that the structure of the Post Office, which is a limited company owned by the government, did not give her the powers she needed to tell it what to do.

From BBC

The businessman said he was not a landlord and the properties he owns being run as holiday lets are operated by limited companies, not him personally.

From BBC