Limited company

A business structure used in Europe and Canada, in which Shareholder responsibility for company Debt is limited to the amount he/she has invested in the company. Abbreviated Ltd or plc.

Related Terms: 6 Debt, Euro, EU, Ltd, Shareholder, Share

Other Related Pages: Category: Global Starting With: L

Additional Related Terms: Allowance for depreciation, At par, All or any part, At best, At call, American Depositary Share, At risk, Add-on service, Action to quiet title, As is