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Qu'est-ce (qui) est Xtrac Limited - définition
Xtrac Limited
![Martin Schanche and Erich Zakowski of [[Zakspeed]] pictured at the British [[Rallycross]] GP 1983 at [[Brands Hatch]] with the so-called ''Xtrac No. 1'' Ford Escort Mk3 4WD for rallycross](https://commons.wikimedia.org/wiki/Special:FilePath/SchancheZakowskiXtrac-GBRXGP1983.jpg?width=200 "Martin Schanche and Erich Zakowski of [[Zakspeed]] pictured at the British [[Rallycross]] GP 1983 at [[Brands Hatch]] with the so-called ''Xtrac No. 1'' Ford Escort Mk3 4WD for rallycross")
Xtrac Limited, also known as Xtrac Transmission Technology, is a British engineering company founded in 1984 by the former Hewland engineer Mike Endean to make 4WD systems and gearboxes for rallycross and later rally and racing cars. Endean, together with Chris Goddard, who had been working on the electronic components essential to the system, in 1983 developed the first Xtrac 4WD system, for Norwegian rallycross star Martin Schanche.
limited company
COMPANY IN WHICH THE LIABILITY OF MEMBERS OR SUBSCRIBERS OF THE COMPANY IS LIMITED; AFFORDS SHAREHOLDERS OF THE COMPANY WITH "LIMITED LIABILITY" IF THE COMPANY IS UNABLE TO PAY LIABILITIES
Limited companies; Limited Company; Private Limited company; Co., Ltd.; Guaranteed company; Ltd company
(also limited liability company)
¦ noun Brit. a private company whose owners are legally responsible for its debts only to the extent of the amount of capital they invested.
Private limited company
COMPANY IN WHICH THE LIABILITY OF MEMBERS OR SUBSCRIBERS OF THE COMPANY IS LIMITED; AFFORDS SHAREHOLDERS OF THE COMPANY WITH "LIMITED LIABILITY" IF THE COMPANY IS UNABLE TO PAY LIABILITIES
Limited companies; Limited Company; Private Limited company; Co., Ltd.; Guaranteed company; Ltd company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the LLC in the United States, private company limited by shares in the United Kingdom, GmbH in Germany and Austria, société à responsabilité limitée in France, and sociedad de responsabilidad limitada in the Spanish-speaking world.
