LLC

American

[el-el-see] / ˈɛlˈɛlˈsi /

abbreviation

limited liability company: any registered business in the United States whose individual owners do not have personal legal responsibility to cover the business’s debts unless they have agreed to do so, such as by cosigning a business loan as an individual.

Etymology

Origin of LLC

First recorded in 1975–80

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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From The Wall Street Journal

Property records reveal that Simmons picked up the “one-of-a-kind” Malibu estate for $25 million using the same LLC through which he purchased his Beverly Hills abode—which he put on the market just seven months later.

From MarketWatch

“The Chinese economy hasn’t been significantly weakened by the tariffs and Chinese companies have been able to find alternative markets. Even Chinese companies that have suffered a bit aren’t blaming Xi,” says Andy Rothman, a veteran China analyst and founder of Sinology LLC.

From Barron's

Lorenze’s former dwelling, which she purchased via an LLC named for the address, sits on a pretty 2.14-acre parcel and offers four bedrooms and 2.5 bathrooms.

From MarketWatch

The couple purchased the ranch through an LLC, which is managed by a California attorney.

From MarketWatch

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023