andrew.dosdale@btinternet.com
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Limited, generally smaller businesses. The person / people setting up the company no longer own it, but work for it and draw a wage. It means if the company goes under, it is only the companies assets that are at risk. ie the people who started and ran the company would not lose their personal assets. |
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!{¤©¤}!
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It means limited. I think that means that the company is privately owned, and that there's only 1 of them. |
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threedsnorb
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It stands for a private limited company.
A public limited companies uses the letters PLC.
The difference between public and private is whether the shares (stakes in the company) are available to anyone through the stock market (public) or only to people that the current shareholders see fit (private) |
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KimballKinnison
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What's "limited" is the liability of the owners, which is limited to the amount invested. So if you own a share of a limited company, and the company goes bankrupt, the creditors can only take what's owned by the company, they can't take your other property. This differs from "sole proprietorships" and "partnerships", where the owners are personally responsible. Lloyd's of London is a famous case, where all the "names" that back up their policies are personally responsible to pay up on claims. |
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Dominique M
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Limited |
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winner p
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LTD means limited! |
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Dr. Leone
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Limited used in Britain and some countries once governed by Britain.
Means Limited Liability
Not as the other post above, PLC means public limited company, a company with shareholders and limited liability. It's similar to an LLC in the USA. A standard limited company does not have shareholders. |
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Lyvy
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Limited |
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Angel Eyes
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LTD means limited. |
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xsandybreezerx
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limited |
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scallywag
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Limited |
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Phade
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LTD stands for Limited Company, which is the same as Limited Liability Corporation. In a Limited Liability Corporation, I believe the owner's personal assets cannot be used if there is a Litigation but at the same time he is restricted in the amount of decision making and management he can be involved in the company. |
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CJM
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Limited |
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Panther
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Yes it is Limited.
Im only confirming so I get the 2 points.
Maybe you might find me cheeky enough to award me the best answer too. |
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madtyga2002
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Long Term Disability |
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john john
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LTD,
means it is a british owned company |
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