limited liability company

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Also found in: Legal, Financial, Acronyms.
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.
References in periodicals archive ?
Ivy Capital is a private Limited Liability Corporation that provides investment capital and business advisory services to startup companies.
The Access Alliance - which began as a joint venture and is now in the process of becoming a limited liability corporation - consists of approximately 30 nursing homes owned by Health Dimensions and 50 nursing homes owned by the Evangelical Lutheran Good Samaritan Society in Minnesota.
a Florida Limited Liability Corporation, and Liquor Group Michigan, LLC.
a provider of financial support and services for China's large and rapidly expanding class of small and medium enterprises (SMEs), has appointed Ann Yu, a forward- thinking marketing and finance executive, to the position of President of its wholly-owned operating subsidiary Shenzhen Hua Yin Guaranty and Investment Limited Liability Corporation ("SHY").
The Tranchida Building, owned by Richard Tranchida, was sold to 47 Main Street LLC, a limited liability corporation created by Daniel Diaz of Queens, N.
Special purpose entities are any type of corporate entity, such as a limited liability corporation or limited partnership, created for a specific transaction or business that is usually unrelated to a company's main business.
The casino and hotel is a limited liability corporation composed of two members, rather than shareholders.
Noel Allen, NASBA legal counsel, advised the boards, for the present, to assess the alternative business structures in their states in terms of the following state laws: the accountancy act and rules, the professional corporations act, partnership laws, the general business corporation act and the limited liability corporation and limited liability practice act.
Sand Canyon Investment Group, a limited liability corporation based in Granada Hills, in conjunction with Larwin Company, an Orange County-based developer, plans to build the two-story, single-family homes on 32 acres of the total 53-acre project site.

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