Topic Areas

limited liability company

Definition:

A type of company common in the United States of America.

Example Sentences

Does the limited liability company have to file with the state every morning?

How long has the limited liability company been in existence?

They've been arguing about the limited liability company for two hours.

The limited liability company was listed in the newspaper for its recent success.

He was able to protect his personal assets by setting up the business as a limited liability company.

I wouldn't be surprised if they form a limited liability company next year.

We will be able to limit our personal risk by becoming a limited liability company.

Key Phrases
Deferred payments
Administrative expenses
Amortization
Owner’s equity
take-over bid
limited liability company
Merchant bank
Affiliated company
Accrued liability
Always at your service
Withholding tax
Additional collateral
Capital loss
Appraisal
Added value
Value at market price
Protest a bill
Adjustable rate preferred stock
Subject to collection
Fixed costs

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