1. A business entity in which the liability of shareholders is limited to their investment in the company, protecting their personal assets from company debts
She decided to register her business as a limited company to protect her personal savings.
Ela decidiu registrar seu negócio como uma sociedade anónima limitada para proteger suas economias pessoais.
2. A type of corporation where ownership is divided into shares and the company has legal personality separate from its owners
The limited company was able to secure a bank loan based on its assets rather than the owner's personal credit.
A sociedade anónima limitada conseguiu obter um empréstimo bancário baseado em seus ativos em vez do crédito pessoal do proprietário.