Ld. (Noun)
Meaning
A company that is organized to give its owners limited liability.
Classification
Nouns denoting groupings of people or objects.
Examples
- She established the business as a limited liability company and began trading as XYZ ld from January.
- Following incorporation, the company became ABC ld and no longer operated as a partnership.
- By changing to an ld, the owners protected their assets in the event the business incurred large debts.
- Most property development companies in the country operated as private ld, to shield the investors from risk.
- The new construction ld took charge of managing the high-rise project and dealing with any investors.