Meaning of the word "private limited company" in English
What does "private limited company" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
private limited company
US /ˈpraɪ.vət ˈlɪm.ɪ.tɪd ˈkʌm.pə.ni/
UK /ˈpraɪ.vət ˈlɪm.ɪ.tɪd ˈkʌm.pə.ni/
Noun
a type of company in which the liability of the members or shareholders is limited to the amount of capital they have invested, and whose shares may not be offered to the general public
Example:
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Our startup was registered as a private limited company.
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He is the director of a small private limited company.
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