sign in
Forgot your password?
Want more? Register today for a trial. 7-day trial

A form of business organization where the owners have limited liability for the obligations of the business, and that is usually taxed as a partnership for federal and state income tax purposes.

Synonyms: L.L.C., LLC, LLCs, limited liability companies
Synonyms list (a comma-separated list)
L.L.C., LLC, LLCs, limited liability companies