LLC
n. countablen. Stands for Limited Liability Company. A type of business structure that protects the owners from losing their personal money if the company has debts.
n. Abbreviation for Limited Liability Company. A corporate structure in the United States whereby the owners are not personally liable for the company's debts or liabilities. It combines the taxation of a partnership or sole proprietorship with the limited liability of a corporation.
She registered her new consulting business as an LLC.
Small business owners often choose to form an LLC to separate their personal assets from their professional risks.
While an LLC offers significant protection against personal liability, members must be careful not to commingle personal and business funds, which could lead to a legal challenge of their corporate veil.
Usually functions as a countable noun; often used as a post-nominal modifier in company names (e.g., 'Smith & Sons, LLC').
The LLC's are growing.The LLCs are growing.Do not use an apostrophe to make the acronym plural; simply add a lowercase 's'.