from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A firm, usually associated with British registration, that is organized in such a way as to give its owners limited liability.
from the GNU version of the Collaborative International Dictionary of English
- adj. a company in which the liability of each shareholder is limited by the number of shares he has taken, so that he can not be called on to contribute beyond the amount of his shares.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a company that is organized to give its owners limited liability
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