COMPANY LIMITED BY SHARES Definition

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COMPANY LIMITED BY SHARES is where the members' personal liabilities are limited to the par value of their shares. a company limited by guarantee.

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CASH CLEARING ACCOUNT represents a clearing account for voided and reissued imprest cash checks. It is also used for miscellaneous corrections of imprest cash checks.

POISON PILL is where the targeted company defends itself by making its stock less attractive to an acquirer.

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