limited company
US /ˈlɪmɪtɪd ˈkʌmpəni/
UK /ˈlɪmɪtɪd ˈkʌmpəni/
1.
sociedad limitada, SL
a company whose owners are legally responsible for its debts only to the extent of the amount of capital they invested
:
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He decided to set up a limited company for his new business venture.
Decidió establecer una sociedad limitada para su nueva empresa comercial.
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As a director of a limited company, you have certain legal responsibilities.
Como director de una sociedad limitada, tienes ciertas responsabilidades legales.