Limited Liability Company - LLC
Basically, an LLC is a hybrid between a partnership and a corporation.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
limited (liability) company — limited ( liability) company limited ( liability) company ➔ company … Financial and business terms
limited liability company — ˌlimited ˈcompany [limited company] (also ˌlimited liaˈbility company) noun (in Britain) a company whose owners only have to pay a limited amount of its debts see also … Useful english dictionary
limited-liability company — noun see limited company * * * limited company or limˈited liabilˈity company noun One whose owners have liability for its debts, etc only according to their financial stake in it • • • Main Entry: ↑limit … Useful english dictionary
limited liability company — noun (C) technical a limited company … Longman dictionary of contemporary English
limited liability company — /ˌlɪmɪtɪd laɪə bɪlɪti ˌkʌmp(ə)ni/ noun same as limited company … Dictionary of banking and finance
Limited Liability Company — n. business or company organized in such a manner that its owners and shareholders are not personally liable for debts or other business liabilities (such as damages from lawsuits) … English contemporary dictionary
limited liability company — ➡ companies * * * … Universalium
limited liability company — (U.K.) Fin = corporation … The ultimate business dictionary
Uniform Limited Liability Company Act — The Uniform Limited Liability Company Act (ULLCA), often mistakenly referred to as the LL corporation . The ULLCA includes its 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute),… … Wikipedia
Delaware Limited Liability Company Act — USA Delaware statute governing limited liability companies (limited liability company). It provides, among other things, laws relating to the formation, management and governance of limited liability companies. Practical Law Dictionary. Glossary… … Law dictionary
low-profit limited liability company — (L3C) A company organized to perform services or engage in activities that benefit the public. Unlike a nonprofit, an L3C is operated like a regular profit making business and is allowed to make a profit as a secondary goal. A small but growing… … Law dictionary