LLC

[ el-el-see ]

abbreviation for

1. 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. Compare limited company ( def ).

Word History and Origins

Origin of LLC¹

First recorded in 1975–80

Example Sentences

According to Belarusian registration details, Ms Baigascina was the founder and director of a company called Rama Group LLC.

From BBC

Other coauthors are from Lawrence Berkeley and NETenergy LLC, a Chicago company.

From Science Daily

The popular seafood chain has been acquired by RL Investor Holdings LLC — an “entity created by funds managed by affiliates of Fortress Investment Group LLC” — alongside co-investors TCW Private Credit and Blue Torch, the company announced in a September press release.

From Salon

The pilot and passenger of the Cessna aircraft, owned by First Take Aviation LLC, were able to exit safely after the crash before firefighters arrived.

From Los Angeles Times

Endeavor said it will sell OpenBet, along with sports data provider IMG Arena, to OB Global Holdings LLC for $450 million in cash and debt, an amount much less than what Endeavor paid for OpenBet two years ago.

From Los Angeles Times