limited company
uk
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/ˌlɪm.ɪ.tɪd ˈkʌm.pə.ni/us
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/ˌlɪm.ɪ.t̬ɪd ˈkʌm.pə.ni/ noun a company, especially one in the UK, whose owners only have to pay part of the money they owe if the company fails financially