LLC
Type: noun, acronym
Pronunciation: /el-el-see/ or /l-l-c/
Also spelled or known as: L.L.C, L-L-C, Limited Liability Company
Plural: LLCs
Related: Company
What does LLC mean? Limited Liability Company; A business structure that limits personal liability for its owners.
In music, artists, labels, publishers, managers, and production companies may form LLCs to operate professionally and separate business finances.
LLC synonyms: Limited Liability Company, Business Entity, Company
Example sentence: “The producer formed an LLC for his publishing income.”
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