Meaning of limited liability company | Babel Free
Definitions
A type or form of for-profit incorporated company where ownership is divided into shares, and where the governing rules are set forth in a contract entered into by all of the initial shareholders. The name derives from the fact that regardless of potential losses or even bankruptcy of the corporation, individual shareholders will bear a maximum liability of the price they paid for their shares.
Equivalents
العربية
شركة ذات مسؤولية محدودة
Čeština
společnost s ručením omezeným
Ελληνικά
εταιρεία περιορισμένης ευθύνης
Suomi
rajavastuuyhtiö
Français
société à responsabilité limitée
Italiano
società a responsabilità limitata
한국어
유한책임회사
Tiếng Việt
công ty trách nhiệm hữu hạn
Examples
“Near-synonyms: Ltd, Ltd.”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.