Since shares in a private limited company can't be offered to the general public, they also can't be traded on a public stock exchange. But private companies have less strict disclosure requirements than public ones, and so most companies remain private.
http://www.investopedia.com/terms/l/ltd-limited.asp
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DEFINITION of 'Ltd. An abbreviation of limited, Ltd. is a suffix that follows the name of a company, indicating that it's a private limited company-a kind of incorporation available under British and Irish, and some Commonwealth countries laws.
http://www.investopedia.com/terms/l/ltd-limited.asp
abbr. 1. or ltd. limited. 2. limited company.
http://www.thefreedictionary.com/Ltd.
Synonyms-noun. 1  limit. 2  enclave. 3  curbstone. 4  terminus. 5  marches. 6  line of demarcation. 7  turning point. 8  boundary. 9  term. 10  but. 11  stint. 12  backwoods. 13  line of circumvallation. 14  ne plus ultra. 15  bounds. 16  bourn. 17  pale. 18  frontier. 19  boundary line. 20  pillars of Hercules. 21  sluice. 22  confine. 23  verge. 24  termination. 25  precinct. 26  landmark. 27  Rubicon. 28  floodgate.
http://www.thesaurus.com/browse/limited
In a limited company, the shareholders' liability is limited to the capital they'd originally invested. If such company becomes insolvent, the shareholders personal assets remain protected. Shares in a private limited company are not offered to the general public (distinguishing it from a public limited company-plc.).
http://www.investopedia.com/terms/l/ltd-limited.asp
In other words, an owner of a limited company would lose the value of his/her investment if the company declares bankruptcy, but would not be held liable for other outstanding debts. A limited company is the most common corporation structure in the United Kingdom and is designated by Ltd after its name. There are two types of limited companies.
http://financial-dictionary.thefreedictionary.com/limited+company
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A public limited company usually (but not always) trades publicly, and shareholders are only liable for the value of their individual investments.
http://financial-dictionary.thefreedictionary.com/limited+company
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define ltd.
An abbreviation of limited, Ltd. is a suffix that follows the name of a company, indicating that it's a private limited company Ltd. is a suffix that follows the name of a company, indicating that it's a private limited company.