a company in which the shareholders cannot be assessed for debts of the company beyond the sum they still have invested in the company.
(Brit) a company whose owners enjoy limited liability for the company’s debts and losses
noun 1. an edition, as of a book or lithograph, limited to a specified small number of copies. noun 1. an edition of something such as a book, plate, etc, that is limited to a specified number
noun, Law. 1. . noun, Law. 1. a decree of legal separation of spouses that does not dissolve the marriage bond. noun 1. (family law) a court decree requiring a man and wife to cease cohabiting but not dissolving the marriage See also a mensa et thoro Compare divorce
noun 1. a liability restricted by law or contract, as the liability of owners of shares in a corporation or limited company, or that of a special partner. noun 1. (Brit) liability restricted to the unpaid portion (if any) of the par value of the shares of a limited company. It is a feature of […]
[lim-i-tid] /ˈlɪm ɪ tɪd/ adjective 1. confined within limits; restricted or circumscribed: a limited space; limited resources. 2. Government. restricted with reference to governing powers by limitations prescribed in laws and in a constitution, as in limited monarchy; limited government. 3. characterized by an inability to think imaginatively or independently; lacking originality or scope; narrow: […]