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nagham_816
What is the meaning of ltd?
i know it mains limited but wht is the meaning of limited in shops
The abbreviation "ltd" is short for limited, which in business terms means "limited company". This means that the company is private i.e. it does not float its shares on the stock market, in which case its name would change to having "plc" at the end meaning "public limited company".
"Ltd" also distinguishes these companies as having limited liabilities - so that they can only be sued, bankrupted etc as far as the assets of the company and not the total personal assets of the person or people that own the company (as opposed to a "sole trader" where if they are sued they can lose everything).
Lucy
The liability of the shareholder in this type of company is limited to the extent of any unpaid capital on his shares.
rudils
You can read the whole explanation here : http://en.wikipedia.org/wiki/Ltd.
Voda
A private company limited by shares is a type of company incorporated under the laws of England and Wales, Scotland, that of certain Commonwealth countries and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of public limited companies.
"Limited by shares" means that the company has shareholders, and that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholder's personal assets are thereby protected in the event of the company's insolvency, but money invested in the company will be lost.
A limited company may be "private" or "public". A private limited company's disclosure requirements are lighter, but for this reason its shares may not be offered to the general public (and therefore cannot be traded on a public stock exchange). This is the major distinguishing feature between a private limited company and a public limited company.
stepney_lad
Limited assets, Limited liability
Dad's found yer scoo'er
Much as I hate using Wikipedia their definition is pretty good http://en.wikipedia.org/wiki/Limited_company
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