BREAKING DOWN 'Limited Company-LC'. In a limited company, the debts of the company are separate from those of the shareholders. As a result, should the company experience financial distress because of normal business activity, the personal assets of shareholders will not be at risk of being seized by creditors. form of incorporation that limits the amount of liability undertaken by the company's shareholders. The naming convention for this type of corporate structure is commonly used in the United Kingdom. It is commonly known as a limited liability company (LLC) in the United States and other parts of the world.
Lighted wicks on the candles of a birthday cake. The definition of wick is the waxy cord that is lit in a candle or oil lamp. An example of wick is the white cord in the center of a candle on which the flame burns.
Trimming the wick & extinguishing the flame. A candle or wick trimmer is a tool that looks like a pair of scissors with a receptacle to hold the trimmed wick stub. This is usually done when the candle or lamp wick is not lit, but can be done when it is burning.f the wick of the lamp or candle is too short the light will be dim. If the wick is too long then it smokes, wasting fuel and soot will be released darkening walls or fouling the glass chimney of oil lamps and wasting candles and fuel. The following are listed in order their most common usage and number.