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Director

Director

noun

A person appointed to help manage a company's affairs.

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For example

She was promoted to the position of company director.

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Limited company

A company which limits how much its members will have to pay if the company is wound up. The members of most limited companies will only have to pay any money unpaid on their shares. If a company limited by guarantee is wound up, the money its members have to pay is limited to the amount shown in the memorandum of association.

Holding company

A company which controls another company, usually by owning more than half of its shares.

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