LLC

[el-el-see]

abbreviation

1. 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

First recorded in 1975–80

Example Sentences

Property records seen by Realtor.com reveal that the dwelling is tied to Riva LLC, which is managed by Michael A. Chojnacki, a tax lawyer who looks after the finances of Huang and his wife, Lori.

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Dome Center LLC, the company that owns the property along Sunset Boulevard upon which the iconic movie venue stands, filed an application for a conditional-use permit to sell alcohol for on-site consumption at the Cinerama Dome Theater and adjoined multiplex Tuesday.

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A representative for Dome Center LLC did not respond immediately Friday to a request for comment.

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Streaming services have been running as loss leaders for some time, said Tim Hanlon, chief executive of Vertere Group LLC, a media consulting firm.

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But the report says the “final recipient” is Rustakt LLC—a Moscow-based company identified by Ukrainian intelligence as a drone maker.

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