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
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