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Restricted in duration, extent, or scope; confined.

Limited liability is the rule that the owners or shareholders of a corporation cannot usually be sued as individuals for corporate actions unless they are involved in Fraud or criminal conduct.

Limited is also a designation following the name of a corporation that indicates its corporate and limited liability status; it is abbreviated Ltd. It is found most commonly after British and Canadian corporate names, although it is sometimes used in the United States.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
References in periodicals archive ?
During carnival people confront, simultaneously, both limitedness and infinity/eternity and find plural ways to manage the ambivalence of life.
(8) and finally, they may be shared by too many, some savers, others spendthrifts, and the later prevail over the former regarding the rate they are disposed of, with little recognition of their limitedness or concern for how long they will last.
By contrast, novels published later in the decade see Arab/Arab American men embarking on an identity quest which not only provides them with a progressive negotiation of ethnic belongingness in a diasporic context, but also with the eventual acknowledgement of the limitedness of imposed genderisation.
As conceived of in Oscar and Lucinda, tolerance is not a value premised on a bland and condescending pluralism--which is nothing other than a mode of colonialism of the paternalistic variety, and therefore itself a form of intolerance but rather an active attitude grounded in the negative capability and humility that emanate from a recognition of the limitations of one's ways of knowing and therefore of one's limitedness. To be tolerant, in this understanding, is to be like Lucinda, that is, "always at war" with one's "neatness".
In this comportment the recovering addict is fully open to their limitedness and founds their recovery on this realisation (Kurtz, 1982).
It described in tendency as the limitedness or neediness of man.
Things like the tree must have their own welcome and stay in the world, as well, which make them, as with Khing, equally vulnerable in their limitedness and equally precious in their unconditional welcome (although trees, unlike humans, cannot reflect on this truth).
Marx here foregrounds the limitedness of the presuppositions running through his previous chapters on the production of surplus-value.
Elsewhere, too often, the unself-conscious satisfaction in limitedness of this book undermines the whole.
When you pray, it keys you into your own limitedness. There is no tried and true triage where you decide, "This is definitely the right thing to do."
In making his own death "a work of art" Timon goes "beyond misanthropy and into the aesthetic" (124), and approaches a version of the Kantian sublime; the play, he argues, exemplifies Adorno's "aesthetic shudder" whereby the subjective "I" is so shaken that it "perceives its own limitedness and finitude" (126).
Hull offers a reading of "Witches and other Night-Fears" (1821) as an example of how Elia's self-imposed limitedness emerges as power.