What does ltd means?

Ltd refers to a private company that is limited by its shares. It is usually a kind of company that has been incorporated under certain commonwealth countries or under the Republic or Ireland or under the law of England. The term ltd follows that the shares of the company are very limited. The ltd companies are having limited shareholders liability.

The shares of a, ltd company is usually not offered to the general public. The company that is a ltd company may be a private or a public company. The disclosure requirements of the private limited company are lighter unlike the public limited company. Likewise the shares of a private limited company may not be open to the public in contrast to the public limited company