Inc., in the U.K. Universal Crossword Clue Puzzle Answer from July 24, 2024
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Updated Jul 24, 2024
Inc., in the U.K. Universal Crossword Clue Answer
Let’s find the answers to Inc., in the U.K. Universal for the July 24, 2024 edition of Universal crossword puzzle. Answer Contains 3 letters. Start with L and end with D, and the possible solutions are LHD, LSD, LTD.
Here is the right answer to the crossword clue Inc., in the U.K. featured in the Universal puzzle. The correct answer to this clue is LTD.
In the U.K., the abbreviation "Ltd" stands for "Limited," which is equivalent to "Inc." (Incorporated) in the United States. Both terms refer to the legal status of a company, indicating that it is a separate legal entity from its owners.
This means that the company's liability is limited to the amount of capital invested in it, protecting shareholders from personal liability for the company's debts. "Ltd" is used in the U.K. and many other countries that follow similar company laws, while "Inc." is commonly used in the United States. The abbreviation "Ltd" thus serves as a formal designation for a limited liability company in British business terminology.
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