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

limited company

noun
 
/ˌlɪmɪtɪd ˈkʌmpəni/
 
/ˌlɪmɪtɪd ˈkʌmpəni/
(also limited liability company)
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  1. (in the UK) a private company whose owners only have to pay its debts up to the amount they invested in the company see also Ltd, private limited company, public limited company
See limited company in the Oxford Learner's Dictionary of Academic English
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noun
 
 
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