FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R87QDkTCmXall8ieqmRAsy
Label Limited Company
Preferred Label N/A
Identifier N/A
Alternative Labels
Ltd.

Definition

A Limited Company (Ltd.) is a type of corporate structure where the shareholders' liability for debts and obligations of the company is limited to the amount of capital they have invested. This structure is prevalent globally and is characterized by the separation of ownership and management, promoting investment while mitigating personal financial risk for shareholders.

Class Relationships

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See Also

Parent Class Of 0

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Additional Information

Metadata

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Editorial Information

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Deprecated

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