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limited company
[ lim-i-tid kuhm-puh-nee ]
noun
- 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
- a company whose owners enjoy limited liability for the company's debts and losses
Word History and Origins
Origin of limited company1
Example Sentences
Unlike most political parties, Reform was founded in 2018 as a private limited company, with Farage holding the majority of shares.
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.
Reform was founded as a private limited company, with Farage holding the majority of shares.
Unlike most political parties, Reform was established as a private limited company, with Farage holding the majority of shares.
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.
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