Short for limited, which is a term inserted after a company’s name. It indicates that a company is incorporated and that the owners have limited liability. It is used in the United Kingdom and many former British colonies. It appears in other countries as well, including Japan and the United States.
Ltd. is defined as an abbreviation for limited, meaning that the company is incorporated and that the shareholders have a limited responsibility for the company’s debt.
An example of Ltd. is Famous Brands Ltd., a restaurant franchisor in South Africa.