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.

---

limited company British  

noun

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

---

Etymology

Origin of limited company

First recorded in 1850–55

Example Sentences

When System de Min was created as a limited company in 2022, de Min began to secure early investment for his construction technology business.

From BBC

Companies House is the official UK government agency responsible for incorporating, dissolving, and registering limited companies.

From BBC

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

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