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    Investment Dictionary


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    Limited Liability Company

     

    A limited liability company (LLC) is a business form that has the same advantage like corporations have: a limited liability. Owners of LLC risk only their capital that was invested in company. Limited liability company has less rights that a corporation, but requires less capital investments and is very practical for small businesses. 

     

    Understanding, rights and responsibility of limited liability companies may be different in different countries.

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