Meaning of “LLC” in the English Dictionary

business-english dictionary

"LLC" in American English

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abbreviation for limited liability company (= a type of company in which the owners have specific tax advantages and no personal financial risk if the company should fail)

(Definition of “LLC” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"LLC" in Business English

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LLCnoun [ C ]

uk us

LAW abbreviation for Limited Liability Company: a form of company in the US whose owners are not legally responsible for the company's debts if those debts are above a particular amount:

(Definition of “LLC” from the Cambridge Business English Dictionary © Cambridge University Press)