What is another word for private limited company?
Pronunciation: [pɹˈa͡ɪvət lˈɪmɪtɪd kˈʌmpəni] (IPA) 
A private limited company is a type of business structure that's common in many countries around the world. It's a legal entity that's owned by a group of shareholders, and its liability is limited to the amount of capital invested by each shareholder. There are a few different synonyms or related terms that are often used to describe this type of company, such as a private company, a limited liability company, an LLC, or a close corporation. These terms all refer to variations of the same basic structure and legal protections, and they are often used interchangeably. Regardless of the specific terminology used, a private limited company can be a great choice for entrepreneurs who want to enjoy the benefits of limited liability while keeping a tight control over their business.
