(v, adj)
Short for LIVE the Dream. An expression that one must thoroughly live out. Living the Dream is not common, and is most commonly expressed by college students on vacations. Not everyone can LTD.
short for 'limited', commonlyused in some companies, short for 'limited liability' and used in some insureance compnaies
Joe Warner's Ltd. (I just made up Joe Warner, no reference to anyone who is actually named 'Joe Warner')
By Sioux
LTD
LTD stands for "Livin' the Dream", an abbreviation of a commonly used expression among teenagers in modern society. It is usually followed by saying "LTD or what?" in order to punctuate the sarcastic tone with which the phrase is meant.