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Definition | : | Private Limited |
Category | : | Business » Companies & Corporations |
Country/ Region |
: | Worldwide
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Popularity | : |
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Private Limited (Pvt. Ltd.) company is a type of privately held business entity in which the liability of its members (shareholders) is limited to the amount of shares they hold in the company. This means that the personal assets of shareholders are protected, and their financial responsibility is typically limited to the value of the shares they own.
The full form of Pvt Ltd is Private Limited