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What does the Ltd. after a product denote?

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rumguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-23-04 05:27 PM
Original message
What does the Ltd. after a product denote?
I assume it means "limited", implying that the product is in short supply or will not last long.

Is it usually just there to make the name sound cooler?
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Webster Green Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-23-04 05:51 PM
Response to Original message
1. Limited liability....
Same as Inc.

I think!
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LuLu550 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-23-04 05:58 PM
Response to Reply #1
2. It is actually somewhat different than an Inc.
But the same concept, the way a business is organized. I think Limited is a term used more in England. Here they are LLC "Limited Liability Corporation." Being incorporated is a more costly process. Not being a lawyer, (I just play on on TV) I know know details.
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