limited company
1
3.4
- noun
- /ˈlɪmɪtɪd ˈkʌmpəni/
- UK
:
sociedad limitada
- I like the fact that we work within a limited company, you know, because that that makes it possible for me to take more risk than I probably would.
And then you've got a for profit model, a limited company model, right?
- And then you've got a for profit model, a limited company model, right?
- I like the fact that we work within a limited company, you know, because that that makes it possible for me to take more risk than I probably would.
Examples
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And then you've got a for profit model, a limited company model, right?
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Anyone running a limited company is required to provide a business address.
Blog text (21) -
I like the fact that we work within a limited company, you know, because that that makes it possible for me to take more risk than I probably would.
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We've become a limited company.
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Moreover, many now operate their own limited companies on a business-to-business relationship basis.
Academic text (2011) -
Anyone running a limited company is required to provide a business address.
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We recently established a limited company to manage our investments.
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Many contractors choose to work through a limited company to minimize their personal financial risk.
Surface Forms
Morphology
The phrase literally combines 'limited' and 'company', so learners can guess it indicates a company that is limited in some respect; however the specific legal sense (owners' personal liability limited to their investment) is specialized and not directly inferable from the everyday meanings (a learner might think it means a small or restricted company). There are cross‑linguistic equivalents (e.g. Ltd., S.L., GmbH) that can cue the concept, but a B1 learner knowing the words is unlikely to derive the precise legal meaning without prior exposure.
Etymology
The term limited company comes from the idea that the business (company) puts a limit on how much owners can lose, and the word limited shows their loss is 'limited' to the money they invest. So it means a company where owners' personal money is 'protected' from business debts.