limited company Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “limited company” in the English Dictionary

"limited company" in British English

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limited companynoun [C]

uk   us  
a ​company, ​especially one in the UK, whose ​owners only have to ​paypart of the ​money they ​owe if the ​companyfailsfinancially
(Definition of limited company from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"limited company" in Business English

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limited companynoun [C]

uk   us   LAW
a ​company, especially one in the UK, whose ​owners only have to ​paypart of the ​money they ​owe if the ​companyfailsfinancially: The new ​venture will give musicians the ​opportunity to form either a ​limitedcompany or ​work as ​soletraders.
(Definition of limited company from the Cambridge Business English Dictionary © Cambridge University Press)
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