Q:

What does the abbreviation "Ltd." mean in a company name?

A:

Quick Answer

"Ltd." is an abbreviation for "limited." When used after a business name, it indicates that the owners and shareholders of the business only have limited responsibility for the company's debts and obligations.

Know More
What does the abbreviation "Ltd." mean in a company name?
Credit: Elliott Brown CC-BY-2.0

Full Answer

A company cannot simply place "Ltd." after its name for legal protection. In the United States, each state has its own legal requirements for owners to maintain a limited legal liability status. Some states also allow corporations to use "ltd." in the place of "inc."

In some other countries, this abbreviation indicates the business owner is only financially responsible for the amount of money that he or she has personally invested into the business.

Learn More

Related Questions

  • Q:

    What happened to the Home Interiors and Gift company?

    A:

    The Home Interiors and Gift Company, also known as Home Interiors & Gifts, was acquired by Penny and Steve Carlile in 2008. The new owners merged it with their existing company, Home & Garden Party, to create the organization Celebrating Home.

    Full Answer >
    Filed Under:
  • Q:

    Who owns Google?

    A:

    Google is a publicly traded company owned by a group of shareholders. Founders of Google, Larry Page and Sergey Brin, own most of the shares of the company.

    Full Answer >
    Filed Under:
  • Q:

    What companies does Warren Buffet own?

    A:

    Through his holding company Berkshire Hathaway, Warren Buffet has 100% ownership of 43 major companies. The company also holds the majority share of several other major publicly traded companies and has minority holdings in many others.

    Full Answer >
    Filed Under:
  • Q:

    Who hires 15-year-olds?

    A:

    The most popular jobs available to 15-year-old individuals are positions as amusement park workers, lifeguards, pet sitters and babysitters, or working for a family member. Other options that are not as well-known are housekeeping and tutoring, or working as a golf caddy, newspaper delivery person or a sports team assistant.

    Full Answer >
    Filed Under:

Explore