'Limited company' definitions:

Definition of 'limited company'

From: WordNet
noun
A company that is organized to give its owners limited liability [syn: limited company, Ltd., Ld.]

Definition of 'Limited company'

From: GCIDE
  • Limited \Lim"it*ed\ (l[i^]m"[i^]t*[e^]d), a. Confined within limits; narrow; circumscribed; restricted; as, our views of nature are very limited. [1913 Webster]
  • Limited company, a company in which the liability of each shareholder is limited by the number of shares he has taken, so that he can not be called on to contribute beyond the amount of his shares. [Eng.] --Mozley & W. [1913 Webster]