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

As a limited company, PXM will have to file yearly accounts which will be available for public scrutiny.

From The Daily Beast

I've often heard you talk about independence, but it's a limited company and you've got all the shares.

From Project Gutenberg

The conditions still prevailed which were established when Lechworthy turned his business into a Limited Company.

From Project Gutenberg

A limited company was formed, of which Aristide Pujol, man of vast experience in affairs, was managing director.

From Project Gutenberg

The branches of trade and industry which are most largely represented by the limited company form another question of interest.

From Project Gutenberg

But I sell only on the condition that the buyer does not transfer the property to a limited company at a higher figure.'

From Project Gutenberg