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" ...
Related to Limited liability corporation:Limited liability partnership limited liability company n.Abbr.LLC A company managed by members or elected managers, like a partnership, but with the liability of the members limited to the amount of capital they have invested in the business. ...
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...
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...
A limited liability company (LLC) is a business structure for private companies in the United States, one that combines aspects of partnerships and corp
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.
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...
Limited liability definition: a liability restricted by law or contract, as the liability of owners of shares in a corporation or limited company, or that of a special partner.. See examples of LIMITED LIABILITY used in a sentence.
A limited company (LC) is a form of incorporation that limits the amount of liability undertaken by the company's shareholders.