What Does LTD Stand For?
LTD stands for Limited Liability Company
An Ltd (short for Limited Company) is a type of business structure commonly used in the UK and other countries. It is a private company where the liability of its shareholders is limited to the amount they invested. This means that the owners' personal assets are protected if the company incurs debts or legal issues. An Ltd can be either a private company limited by shares or by guarantee. In a company limited by shares, shareholders own the business, while in a company limited by guarantee, members control it. Ltd companies are required to file annual accounts and reports with government authorities.
Category : Company Names
LTD is an Acronym
Added on 12th October 2024 | Edit Acronym