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单词 company limited by guarantee
释义 company limited by guarantee

company limited by guarantee noun [C] (plural companies limited by guarantee)

(Law )

a type of company that does not sell shares to obtain funds, but is supported by a group of people who each promise to pay (guarantee) its debts up to a particular amount if it fails:

The Cancer Research Campaign was a company limited by guarantee and a registered charity.

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更新时间:2025/1/22 17:48:25