0
What does the word Limited stand for in Private Limited Company and Public Limited Company?
Wiki User
∙ 14y ago
The word "limited" stands for "limited liability". This means that the liability of a shareholder in a company for the company's debts (for example, in an insolvency or liquidation scenario) is "limited" to any unpaid capital on their shares. In most cases, there will be no amount unpaid (ie. a fully paid share) and so no liability of a shareholder for the company's debts.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What does LLP after a name stand for?
Limited Liability Partnership
Pa system what does it stand for?
Public announcement
What does yps stand for?
Yamba public school
What does Cobb co stand for?
It could stand for Cobb County in Georgia, or it could stand for Cobb and Company, a horse-and-carriage transportation company in Australian colonial times.
Opac is stand for?
An Online Public Access Catalog.
What does PLC stand for after a business name?
Public limited company
Who owns a public limited business?
The Directors control a public limited company. Directors are appointed by Shareholders in AGM.
What does bp plc stand for?
British Petroleum public limited company
What does plc stand for regarding British petroleum?
Public Limited Company
What does sarl stand for?
Société à Responsabilité LimitéeLiterally translates to "Society with limited liability" - similar to a private limited company in the UK.
What do the initials pte itd stand for?
The letters pte ltd stands for Private Limited. This is to signify the company is Incorporated. Its also stands for Programming Tools and Environment. Also Public Trading Enterprise.
What does plc stand for in the London golf club plc?
Public Limited Company. It means that they are listed at the Stock Exchange and you can buy shares in the Company - but are they genuine?
What does LTD stand for in a company name?
limited trading Company
What does PIL stand for?
The band: Public Image Limited?
What does LLP after a company name stand for?
Limited Liability Partnership
What does BV denote in company's name?
BV stand for limited company in the Netherlands.
What does LC stand for in company name?
Usually it is LLC which is Limited Liability Corporation/Company.
