COMPANY LIMITED BY GUARANTEE Definition

Bookmark and Share

COMPANY LIMITED BY GUARANTEE is where the liabilities of the members will be restricted to the amount each agrees to contribute to the assets of the company in the event of dissolution or liquidation.

Learn new Accounting Terms

FINANCIAL RATIO is the result of dividing one financial statement item by another. Ratios help analysts interpret financial statements by focusing on specific relationships.

TOTAL ASSETS is the total of all assets; both current and fixed.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.