What is another word for limited company?
Pronunciation: [lˈɪmɪtɪd kˈʌmpəni] (IPA) 
A limited company is a type of business structure that is commonly used by small and medium-sized enterprises. It refers to a company whose shareholders have limited liability, meaning they are only liable for the amount of money they have invested in the company and are not personally responsible for any debts or losses incurred by the company. There are several synonyms for the term "limited company", including "LLC" (limited liability company), "corporation", "incorporated company", "private limited company", and "S-corporation". Each of these terms has its own unique meaning and legal requirements, but they all refer to a type of company that offers limited liability protection to its shareholders.
