LLC

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A form of limited liability company — A type or form of for-profit incorporated company where ownership is divided into shares, and where the governing rules are set forth in a contract entered into by all of the initial shareholders. The name derives from the fact that regardless of potential losses or even bankruptcy of the corporation, individual shareholders will bear a maximum liability of the price they paid for their shares.

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Meanings

nounLLC (plural LLCs)

plural LLCs

  1. USabbreviationinitialismbusinessInitialism of limited liability company.
    1 more example

    In the context of LLC formation, your home state is the state where you originally registered (i.e., the domestic LLC). In general, LLCs are governed by the laws of their home states. So, for example, you can refer to your home state’s laws to resolve issues related to the internal affairs of your business.

    2023 November 15, Kelsie Anderson, Jason Cother, Kristen Coates, “5 best states to form an LLC in 2024”, in CNN
  2. abbreviationinitialismcomputerInitialism of logical link control, one of the two functions of a NIC.
  3. USabbreviationinitialismeconomicsInitialism of Lifetime Learning Credit.

    This provision adds requirements for the student and taxpayer (if filing on behalf of the student) to include their SSN on their tax return in order to receive either the AOTC or LLC under IRC section 25A.

    2025 May 28, “The One, Big, Beautiful Bill”, in United States House Committee on Ways & Means, page 43

Synonyms & antonyms

Also see
limited liability company

Translations

Arabic ذ.م.م.
  • ذ.م.م. (dh m)Limited Liability Company
Chinese Mandarin 有限責任公司 /有限责任公司
  • 有限責任公司 /有限责任公司 (yǒuxiàn zérèn gōngsī)Limited Liability Company
Czech s r.o.
  • s r.o.Limited Liability Company
Esperanto KIR
  • KIRLimited Liability Company
Finnish Oy
  • OyLimited Liability Company
French S.A.R.L.
  • S.A.R.L.Limited Liability Company
Italian SRL
  • SRLLimited Liability Company
Latvian SIA
  • SIALimited Liability Company
Lithuanian UAB
  • UABLimited Liability Company
Polish sp. z o.o.
  • sp. z o.o.Limited Liability Company
Portuguese Ltda.
  • Ltda.Limited Liability Company
Romanian SRL, S.R.L.
  • SRLLimited Liability Company
  • S.R.L.Limited Liability Company
Russian ООО
  • ООО (OOO)Limited Liability Company
Spanish SRL
  • SRLLimited Liability Company
Turkish limitet şirket
  • limitet şirketLimited Liability Company
Ukrainian ТОВ
  • ТОВ (TOV)Limited Liability Company
Cite this entry
APA

LLC. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/LLC

MLA

“LLC.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/LLC. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “LLC,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/LLC.

Source: LLC on Wiktionary, CC BY-SA 4.0.