Usually means: Business structure limiting personal liability.
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We found 20 dictionaries that define the word limited liability company:

General (8 matching dictionaries)
  1. limited liability company: Longman Dictionary of Contemporary English
  2. limited-liability company: Merriam-Webster
  3. limited liability company: Oxford Learner's Dictionaries
  4. limited liability company: Collins English Dictionary
  5. limited liability company: Wiktionary
  6. Limited Liability Company (LLC), limited-liability company, limited liability company: Dictionary.com
  7. Limited Liability Company, Limited liability company (Poland), Limited liability company: Wikipedia, the Free Encyclopedia
  8. Limited liability company: TheFreeDictionary.com

Business (11 matching dictionaries)
  1. limited liability company: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. Everybody's Legal Dictionary (No longer online)
  4. INVESTORWORDS (No longer online)
  5. THE 'LECTRIC LAW LIBRARY'S REFERENCE ROOM (No longer online)
  6. Glossary of Legal Terms (No longer online)
  7. Limited Liability Company (LLC): bizterms.net
  8. Limited Liability Company, Limited-liability company: Legal dictionary
  9. Limited-liability company, limited liability company: Financial dictionary
  10. BusinessDictionary.com (No longer online)
  11. Yahoo Tax Center Glossary (No longer online)

Tech (1 matching dictionary)
  1. Dairy Glossary (No longer online)

Definitions from Wiktionary (limited liability company)

noun:  (law) A type or form of for-profit incorporated company where ownership is divided into shares, and where the governing rules are set forth in a contract entered into by all of the initial shareholders. The name derives from the fact that regardless of potential losses or even bankruptcy of the corporation, individual shareholders will bear a maximum liability of the price they paid for their shares.

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