I've seen like "Flowers LTD", but what does LTD really mean? Thank you
2006-08-23 08:19:26 · 17 answers · asked by Vaida M 2 in Business & Finance ➔ Advertising & Marketing
Limited, generally smaller businesses. The person / people setting up the company no longer own it, but work for it and draw a wage. It means if the company goes under, it is only the companies assets that are at risk. ie the people who started and ran the company would not lose their personal assets.
2006-08-23 08:27:10 · answer #1 · answered by Anonymous · 1⤊ 1⤋
LTD stands for Limited Company, which is the same as Limited Liability Corporation. In a Limited Liability Corporation, I believe the owner's personal assets cannot be used if there is a Litigation but at the same time he is restricted in the amount of decision making and management he can be involved in the company.
2006-08-23 08:27:14 · answer #2 · answered by Phade 1 · 0⤊ 0⤋
Limited used in Britain and some countries once governed by Britain.
Means Limited Liability
Not as the other post above, PLC means public limited company, a company with shareholders and limited liability. It's similar to an LLC in the USA. A standard limited company does not have shareholders.
2006-08-23 08:28:07 · answer #3 · answered by Dr. Leone 4 · 0⤊ 0⤋
Limited
2006-08-24 00:46:37 · answer #4 · answered by scallywag 4 · 0⤊ 0⤋
Limited
2006-08-23 09:31:20 · answer #5 · answered by Dominique M 3 · 0⤊ 0⤋
Limited
2006-08-23 08:24:31 · answer #6 · answered by CJM 3 · 0⤊ 0⤋
Limited
2006-08-23 08:21:39 · answer #7 · answered by Lyvy 4 · 0⤊ 0⤋
What's "limited" is the liability of the owners, which is limited to the amount invested. So if you own a share of a limited company, and the company goes bankrupt, the creditors can only take what's owned by the company, they can't take your other property. This differs from "sole proprietorships" and "partnerships", where the owners are personally responsible. Lloyd's of London is a famous case, where all the "names" that back up their policies are personally responsible to pay up on claims.
2006-08-23 08:30:11 · answer #8 · answered by KimballKinnison 2 · 0⤊ 0⤋
LTD means limited!
2006-08-24 02:57:36 · answer #9 · answered by winner p 2 · 0⤊ 0⤋
LTD means limited.
2006-08-23 08:26:28 · answer #10 · answered by Anonymous · 0⤊ 0⤋