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limited company

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.
Also called limited-liability company
[lim-i-tid-lahy-uh-bil-i-tee] /ˈlɪm ɪ tɪdˌlaɪ əˈbɪl ɪ ti/ (Show IPA)
.
Origin of limited company
1850-1855
1850-55
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the Web for limited company
Contemporary Examples
Historical Examples
  • In 1864, after his business had been converted into a limited company, he retired.

  • A third method might be the conversion of "Y and Son" into a limited company.

    The Jewish State Theodor Herzl
  • Our way took us past the great Driver works—conducted now by a limited company, in which Jenny held a controlling interest.

    The Great Miss Driver Anthony Hope
  • They are not doing too well, and they are thinking of a limited company.

    Here and Hereafter Barry Pain
  • But I sell only on the condition that the buyer does not transfer the property to a limited company at a higher figure.'

    The Grand Babylon Hotel Arnold Bennett
  • It was made by a limited company, and it has since fallen into the hands of the authorities, and Broadway constructed through it.

    Notes on Old Peterborough Andrew Percival
  • Thats why Im hereto turn the concern into a limited company.

    The Rough Road William John Locke
  • A much-edited writer becomes a partner in a limited company without a vote.

    The Book-Collector William Carew Hazlitt
  • This place belonged to a limited company, and when I went before the committee the next morning they were not satisfied.

British Dictionary definitions for limited company

limited company

noun
1.
(Brit) 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
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Word Value for limited

10
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