Limited Liability Company - LLC

What Does Limited Liability Company - LLC Mean?
A corporate structure whereby the shareholders of the company have a limited liability to the company's actions.

Investopedia explains Limited Liability Company - LLC
Basically, an LLC is a hybrid between a partnership and a corporation.

Related Terms

Centre for European Economic Research
Charging Order
Closed Corporation
Corporation
External Claim
Limited Company - LC
Limited Liability
Limited Partnership - LP
Partnership
Unlimited Liability Corporation - ULC
More Related Terms

Related Links

Should You Incorporate Your Business? - Find out how becoming a corporation can protect and further your finances.
Can You Handle A Home-Based Business? - Find out if you have the traits to be a top entrepreneur.
Looking For Profit In Privately Held Companies - Private companies offer unique opportunities for those with the knowledge and resources to take advantage.
The Basics Of Corporate Structure - CEOs, CFOs, presidents and vice presidents: learn how to tell the difference.
I'm the sole member of an LLC. Can I open an SEP IRA?

Get a new investing term in your inbox each day!

- join our Term of the Day!