unlimited company

unlimited company
a species of registered company whose members have an unlimited liability for the debts of the company so that the personal fortune of members are at risk. This is balanced by certain advantages in that such companies do not have to deliver their accounts to the Registrar of Companies and have more freedom to deal with their capital than limited companies.

Collins dictionary of law. . 2001.

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  • unlimited company — ➔ company * * * unlimited company UK US noun [C] LAW, FINANCE ► a company whose shareholders will have to use their money or property to pay the company s debts if it fails financially: »So long as the company is solvent, the shareholders of an… …   Financial and business terms

  • Unlimited company — In the United Kingdom, an unlimited company is a company formed by registration under the Companies Act 1985 where the liability of the members is unlimited that is, they are liable to contribute whatever sums are required to pay the debts of the …   Wikipedia

  • unlimited company — A company whose shareholders do not benefit from limited liability (compare limited company). Such companies are exempt from filing accounts with the Registrar of Companies. Unlimited companies are relatively uncommon …   Accounting dictionary

  • unlimited company — A company whose shareholders do not benefit from limited liability (compare limited company). Such companies are exempt from filing accounts with the Registrar of Companies …   Big dictionary of business and management

  • unlimited company — /ʌnˌlɪmətəd ˈkʌmpəni/ (say un.limuhtuhd kumpuhnee) noun an incorporated company whose members are not limited in their liability for the debts of the company …  

  • unlimited company — type of company in which its owners are responsible for repaying debts if the business closes …   English contemporary dictionary

  • unlimited company — noun : a company in which liability of members is not limited …   Useful english dictionary

  • Unlimited — may refer to:* An unlimited or infinite quantity * The suffix of an unlimited companyPopular culture:* , an anime television showMusic:* Unlimited , an album by Chinese Band F.I.R., released April 2005 * Unlimited , an album by Cantopop singer… …   Wikipedia

  • Unlimited — (englisch für unbeschränkt , Zusatzkennzeichen für angelsächsische Unternehmen mit unbeschränkter Haftung, siehe: Private unlimited company) steht für 2 Unlimited, Duo Love Unlimited, Gesangsgruppe Singers Unlimited, Vokalgruppe Blues Unlimited,… …   Deutsch Wikipedia

  • Company limited by guarantee — Aktie der Barnum Bailey Limited Limited Company (deutsch: limited: beschränkt, hier: haftungsbeschränkt; company: Firma) wird im britischen Gesellschaftsrecht die nicht börsennotierte Aktiengesellschaft genannt. Die Limited Company ist in… …   Deutsch Wikipedia

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