What does limited liability company mean?

Definitions for limited liability company
lim·it·ed li·a·bil·i·ty com·pa·ny

Here are all the possible meanings and translations of the word limited liability company.

Wiktionary

  1. limited liability companynoun

    A type or form of for-profit incorporated company where ownership is divided into shares, and where the governing rules are set forth in a contract entered into by all of the initial shareholders. The name derives from the fact that regardless of potential losses or even bankruptcy of the corporation, individual shareholders will bear a maximum liability of the price they paid for their shares.

Freebase

  1. Limited liability company

    A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. An LLC is not a corporation; it is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions. LLCs do not need to be organized for profit.

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Numerology

  1. Chaldean Numerology

    The numerical value of limited liability company in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of limited liability company in Pythagorean Numerology is: 6

Examples of limited liability company in a Sentence

  1. Leemon Baird:

    The members of the governing council are the actual owners of the company. They aren't just advisers. They are Hedera, hedera is an LLC (limited liability company) that is split 39 ways — 39 companies own it, control it, and make all the decision.

Images & Illustrations of limited liability company

  1. limited liability companylimited liability companylimited liability companylimited liability companylimited liability company

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    the difference between the market value of a property and the claims held against it
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