BREAKING DOWN 'Limited Company-LC'. In a limited company, the debts of the company are separate from those of the shareholders. As a result, should the company experience financial distress because of normal business activity, the personal assets of shareholders will not be at risk of being seized by creditors. form of incorporation that limits the amount of liability undertaken by the company's shareholders. The naming convention for this type of corporate structure is commonly used in the United Kingdom. It is commonly known as a limited liability company (LLC) in the United States and other parts of the world.
Lighted wicks on the candles of a birthday cake. The definition of wick is the waxy cord that is lit in a candle or oil lamp. An example of wick is the white cord in the center of a candle on which the flame burns.
Wicking is the upward motion of water and cleaning solution during drying from the base of a tuft to its tip carrying with it any remaining soil and contamination, which is then deposited on the tips of the tuft.he biggest cause of soil wicking is overwetting due to technician error. Soil wicking can be caused by slow drying, overwetting, overuse of pre-spray, and heavy accumulation of soil at the base of yarns.