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ltd

 

Definitions from the Web

Term: ltd

Description:

Ltd, an abbreviation of "limited", is a term commonly used in business to indicate that a company is a limited liability entity. Limited liability protects the company's owners from being personally liable for the company's debts or obligations beyond their initial investment.

Possible Parts of Speech:

  • Noun
  • Abbreviation

Possible Senses and Usages:

1. As a noun:

Refers to a specific type of business entity that is defined by limited liability.

Example Sentence: Our company operates as an Ltd to ensure our shareholders are not personally responsible for any potential legal issues.

2. As an abbreviation:

Used in the name of a business entity, usually appearing after the company name to denote limited liability.

Example Sentence: XYZ Corporation Ltd.

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