a company limited by guarantee

Baterflai

Senior Member
Spanish - Basque Country
#1
Hello. Could anyone help me understand this sentence?

Bromsgrove School is a company limited by guarantee.

Can it be paraphrased like "there is a guarantee that this is a limited company" ?
 
  • #2
    Hello. Could anyone help me understand this sentence?

    Bromsgrove School is a company limited by guarantee.

    Can it be paraphrased like "there is a guarantee that this is a limited company" ?


    No I don't think it can. It's a legal term. A company limited by guarantee is a "Limited Company" in Britain, and in Spain I think it is "Ltda"
     
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