limited
lim·it·ed / ˈlimitid/ • adj. restricted in size, amount, or extent; few, small, or short: a limited number of places are available special offers available for a limited period the legislation has had a limited effect. ∎ (of a monarchy or government) exercised under limitations of power prescribed by a constitution. ∎ (of a person) not great in ability or talents: I think he is a very limited man. ∎ (of a train or other vehicle of public transportation) making few intermediate stops; express. ∎ (Limited) Brit. denoting a company whose owners are legally responsible for its debts only to the extent of the amount of capital they invested (used after a company name): Times Newspapers Limited.DERIVATIVES: lim·it·ed·ness n.
Limited
LIMITED
Restricted in duration, extent, or scope; confined.
Limited liability is the rule that the owners or shareholders of a corporation cannot usually be sued as individuals for corporate actions unless they are involved in fraud or criminal conduct.
Limited is also a designation following the name of a corporation that indicates its corporate and limited liability status; it is abbreviated Ltd. It is found most commonly after British and Canadian corporate names, although it is sometimes used in the United States.