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Definition of private limited company noun from the Oxford Advanced Learner's Dictionary

private limited company

noun
 
/ˌpraɪvət ˌlɪmɪtɪd ˈkʌmpəni/
 
/ˌpraɪvət ˌlɪmɪtɪd ˈkʌmpəni/
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  1. (in Britain) a type of company, usually small, that does not issue shares to the public. The company's name is usually followed by 'Ltd', short for 'Limited'. compare plc

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