Investment DictionaryLimited 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. |   Recommended Topics Investment psychology gains momentum in contemporary business world Balance Sheet Most Popular Articles Investing in Gold (I) Investing in Gold (II) Investing in Uncertain Period
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