definition limited liability corporation

Limited Liability definition limited liability corporation Company (L.L.C) is a form of business organization that combines the benefits of both a definition limited liability corporation partnership and a corporation. The term limited liability .

 

Limited liability company (LLC) A company that has characteristics of both a corporation and partnership. Like a corporation, it offers owners limited liability and .

Often incorrectly called a "limited liability corporation" (instead of company), it is a hybrid business entity having certain characteristics of both a corporation and a .

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may be called a limited liability corporation, the correct terminology is limited liability company; owners are called members not partners or shareholders

Limited Liability Company (LLC) - Definition of Limited Liability Company (LLC) on Investopedia . Basically, an LLC is a hybrid between a partnership and a corporation

1. Definition of a Limited Liability Company or LLC Like a corporation, a limited liability company or "LLC", is a separate and distinct .

A noncorporate business whose owners actively participate in the organization's management and are protected against personal liability for the organization's debts .

Registration is the main prerequisite to the corporation's assumption of limited liability. The law sometimes requires the corporation to designate its principal address .

A Limited Liability Company (LLC) is a definition limited liability corporation business structure allowed by state statute. LLCs are popular because, similar to a corporation, owners have limited .

Definition Limited Liability Program . It is an organization, which is combination of a business organization with corporation.

noun 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. 21st Century .

Definition: A form of business organization with the liability-shield advantages of a corporation and the flexibility and tax pass-through advantages of a partnership

Definition of Limited Liability Company: LLC. A type of company, authorized only in certain . the limited liability and (usually) tax benefits of an S Corporation .

A limited liability corporation can be defined as a unique legal business unit generated from an amalgamation of the various characteristics of partnership and .

Limited Liability Company (LLC) . . business form that provides limited personal liability, as a corporation does.

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