The meaning of LIMITED LIABILITY is liability (as of a stockholder or shipowner) limited by statute or treaty.
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. ...
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" ...
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...
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 meaning of LIMITED COMPANY is a company in which the liability of each shareholder is limited to the par value of his stock or to an amount fixed by a guarantee.
A limited liability company (LLC) is a business structure for private companies in the United States, one that combines aspects of partnerships and corp
An LLC, or "limited liability company," is a business structure that protects business owners from personal liability for the limited liability company's business debts. LLCs as a business structure are very popular, but how do you know if it's your right choice? Let's explore all that yo...
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.