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.
Wick types [edit]. Candle wicks are normally made out of braided cotton. Wicks are sometimes braided flat, so that as they burn they also curl back into the flame, thus making them self-consuming.Prior to the introduction of these wicks special scissors were used to trim the excess wick without extinguishing the flame.ook up wick in Wiktionary, the free dictionary. A candle wick is usually a braided cotton that holds the flame of a candle or oil lamp for a set period of time depending upon the amount of wick. A candle wick works by capillary action, conveying (wicking) the fuel to the flame.