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LLC
[el-el-see]
abbreviation
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.
Word History and Origins
Origin of LLC1
Example Sentences
Hellman & Friedman LLC, a global private equity firm, acquired the company in 2021 and took the company private.
Private equity investor Michael Cole, the founder of Shareholder Capital LLC, has worked at the Department of Agriculture, for example.
It said in early May that Itai Tech Ltd - which operates a so-called "nudifying" site - and Score Internet Group LLC had failed to detail how they were preventing children from accessing their platforms.
“But if it turns out it’s from the internet, the dark web or a YouTube or something like that, there’s really little that you can do,” said Sweetow, who now runs a firm called S3 Global Consulting LLC.
The Royals revealed earlier this month that a "sale in principle" to Redwood Holdings Limited, a subsidiary of Dogwood Football LLC which is owned by the American lawyer and his business partner Todd Trosclair, had been agreed.
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