/ Dictionary / Index L limited company: Meaning and Definition of Find definitions for: lim'ited com'pany Pronunciation: (lim'i-tid-lī"u-bil'i-tē). [key] — Brit. Brit. a company in which the shareholders cannot be assessed for debts of the company beyond the sum they still have invested in the company. Also called Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. limited access highway limited divorce Related Content Daily Word Quiz: digression Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language