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Limited companies may be limited by shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up.
There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole traders, limited liability companies and other specifically permitted and labelled types of entities. The specific rules vary by country and by state or province.
A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form of a ...
Ltd is used for publicly listed companies (shares of a listed company are traded on the stock market) or a public corporation, a similar entity to a corporation in the US. Indonesia uses PT (Indonesian: Perseroan Terbatas), meaning "private limited", which is the equivalent of an incorporated entity in the US. This legal title is stated in ...
Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of ...
Pty Ltd Azerbaijan: məhdud məsuliyyətli cəmiyyət MMC Bangladesh: private company limited by shares: Pvt. Ltd. (OPC) India Nepal Bosnia and Herzegovina: društvo s ograničenom odgovornošću: d.o.o. Croatia Montenegro Serbia North Macedonia: društvo so ograničena odgovornost Slovenia: Družba z omejeno odgovornostjo Brazil
LTD, a 1998 album by Buck-Tick; L.T.D. (band) (for "Love, Togetherness and Devotion"), a 1970s funk music group; Science and technology. Linear transformer driver, which generates short high-current pulses; Long-term depression, in physiology, an hours-long reduction in the efficacy of synapses; Transportation
t. e. A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC ...