The meaning of LIMITED LIABILITY is liability (as of a stockholder or shipowner) limited by statute or treaty.
Limited Liability Company (LLC) Meaning and Definition Learn everything you need to know about Limited Liability Companies (LLC) in this beginner's guide.Start your online business today. For free.Start free trial When it comes to starting your business, there are many legal structures to consid...
The limited liability company (LLC) is a hybrid legal entity that has both the characteristics of a corporation and of a partnership. An LLC provides its owners with corporate-like protection against personal liability. It is, however, usually treated as a noncorporate business organization for ta...
Noun1.limited company- a company that is organized to give its owners limited liability Ld.,Ltd. company- an institution created to conduct business; "he only invests in large well-established companies"; "he started the company in his garage" ...
A limited liability company (LLC) is a business structure for private companies in the United States, one that combines aspects of partnerships and corp
Define Limited liability corporation. Limited liability corporation synonyms, Limited liability corporation pronunciation, Limited liability corporation translation, English dictionary definition of Limited liability corporation. n. Abbr. LLC A company m
Definition:A limited liability company (LLC) is a business organization that has some benefits of a corporation and some of a limited partnership. In other words, an LLC is an entity type that gives owners the benefits of owning a corporation while maintaining the advantages of a limited partne...
The meaning of LIMITED LIABILITY PARTNERSHIP is a partnership in which the partnership is liable as an entity for debts and obligations and the partners are not liable personally.
An LLC (limited liability company) provides more flexibility than a corporation, and more robust liability protection than a sole proprietorship.
A limited company (LC) is a form of incorporation that limits the amount of liability undertaken by the company's shareholders.