Noun
a company that is organized to give its owners limited liability
Source: WordNetA private limited company in Singapore is a separate legal entity, and shareholders are not liable for the company's debts beyond the amount of share capital they have contributed. Source: Internet
In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Source: Internet
Conversion Private limited company to a public limited company Both a private company limited by shares and an unlimited company with a share capital may re-register as a plc, but a company without a share capital cannot do so. Source: Internet
Following the end of the war in 1945, regular commercial service was restored in India and Tata Airlines became a public limited company on July 29, 1946 under the name Air India. Source: Internet
If more than 75% of members voted in favour, the building society would then become a limited company like any other. Source: Internet
In 2002, the CSUCS became a limited company and then registered as a charity on January 6, 2003. Source: Internet