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Definitions from WordNet

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Term: Limited Company

A limited company refers to a legally distinct business entity that limits the liability of its members or shareholders. It is commonly used by entrepreneurs and businesses to protect personal assets and provide a separate legal identity for the business.

Usage Examples:

1. Noun - Business Entity:

   John and Jane established a limited company to expand their retail business.

   Related Products: Limited Company for Dummies

2. Noun - Legal Structure:

   Incorporating a limited company requires fulfilling certain legal obligations.

   Related Products: Company Formation Kit

3. Adjective - Restricted:

   The members of a limited company have limited liability.

   Related Products: Business Liability Insurance