Limited (LTD) is a legal designation used to indicate that a company?s liability is limited to the amount of money they invested in the business. This means that the personal assets of the shareholders are protected from the company's debts and liabilities. LTD status is commonly used by small and medium-sized businesses, as it offers flexibility and protects personal wealth. Companies operating as LTD often have to adhere to specific regulatory and reporting requirements, making it important for business owners to understand the implications of this designation.