What is LTD?

LTD stands for limited this term is also abbreviate plc. Usually it’s followed by the company’s name which means it’s a limited company. This is a business structure which is widely spread amongst European and Canadian companies, which means that the shareholder responsibility for the company’s debt is limited. The sum of money which might be at risk is only the amount what the shareholder invested on the first place. In some cases the liability of the investors is limited to predefined amounts which are clearly stated in the company’s memorandums.