what is the meaning of ltd?

i know it mains limited but wht is the meaning of limited in shops

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  • 1 decade ago
    Favourite answer

    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).

  • Diana
    Lv 4
    5 years ago

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    Limited, it means their liability of the owners is limited to the assets of the company should anything go wrong. It forms part of a form of Company incorporation in some countries. There is also NL often found in mining company, meaning No Liability. So you get MyCompany Ltd. or JoesMining NL In some countries there is legislation to look behind the corporate assets if the officers or directors of the company have behaved illegally. I don't know how effective it is. On a smaller scale, if you want to start a business, but don't want to risk loosing your home if things go wrong, say you default on a contract, then people use companies to limit their liabilities to the capital of the company. The capital of a company which is represented by the shares of that company is represented by the assets of the company less its liabilities (if any, and most have plenty). A company's shares may trade above that value because of the future value of the company in terms of its profits or in terms of the future capacity of their assets or the value of their knowledge in products and the like.

  • Anonymous
    1 decade ago

    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.

  • Anonymous
    5 years ago

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    RE:

    what is the meaning of ltd?

    i know it mains limited but wht is the meaning of limited in shops

    Source(s): meaning ltd: https://biturl.im/rmLCS
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  • Anonymous
    1 decade ago

    Limited assets, Limited liability

  • Anonymous
    1 decade ago

    The liability of the shareholder in this type of company is limited to the extent of any unpaid capital on his shares.

    Source(s): www.geocities.com/WallStreet/8587/terms.html
  • 4 years ago

    1

    Source(s): Secrets of Great Investments http://teres.info/TheTradingCode/?l5Z7
  • 1 decade ago

    You can read the whole explanation here : http://en.wikipedia.org/wiki/Ltd.

  • Anonymous
    1 decade ago

    Much as I hate using Wikipedia their definition is pretty good http://en.wikipedia.org/wiki/Limited_company

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