limited liability company

noun

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.

“Near-synonyms: Ltd, Ltd.”

Similar
LLCLtdLtd.
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Meanings

nounlimited liability company (plural limited liability companies)

plural limited liability companies

  1. lawA 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.

    Near-synonyms: Ltd, Ltd.

    Synonyms: LLC, Ltd, Ltd.

Synonyms & antonyms

nounA 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.

Similar
LLCLtdLtd.

Translations

Arabic شَرِكَة ذَات مَسْؤُولِيَّة مَحْدُودَة
  • شَرِكَة ذَات مَسْؤُولِيَّة مَحْدُودَة (šarika ḏāt masʔūliyya maḥdūda)type of company
Bulgarian дру́жество с ограни́чена отгово́рност, ООД
  • дру́жество с ограни́чена отгово́рност (drúžestvo s ograníčena otgovórnost)type of company
  • ООД (OOD)type of company
Catalan societat de responsabilitat limitada
  • societat de responsabilitat limitadatype of company
Chinese Mandarin 有限責任公司 /有限责任公司, 有限公司
  • 有限責任公司 /有限责任公司 (yǒuxiàn zérèn gōngsī)type of company
  • 有限公司 (yǒuxiàn gōngsī)type of company
Czech společnost s ručením omezeným
  • společnost s ručením omezenýmtype of company
Dutch besloten vennootschap met beperkte aansprakelijkheid, besloten vennootschap
  • besloten vennootschap met beperkte aansprakelijkheidtype of company
  • besloten vennootschaptype of company
  • bvtype of company
Esperanto kompanio kun limigita respondeco
  • kompanio kun limigita respondecotype of company
Estonian osaühing
  • osaühingtype of company
Finnish (Oy) osakeyhtiö, rajavastuuyhtiö
  • (Oy) osakeyhtiötype of company
  • rajavastuuyhtiötype of company
French société à responsabilité limitée
  • société à responsabilité limitéetype of company
German Gesellschaft mit beschränkter Haftung, GmbH
  • Gesellschaft mit beschränkter Haftungtype of company
  • GmbHtype of company
Greek εταιρεία περιορισμένης ευθύνης
  • εταιρεία περιορισμένης ευθύνης (etaireía periorisménis efthýnis)type of company
Hindi सीमित देयता कंपनी, लिमिटेड लायबिलिटी कंपनी
  • सीमित देयता कंपनी (sīmit deytā kampnī)type of company
  • लिमिटेड लायबिलिटी कंपनी (limiṭeḍ lāybiliṭī kampnī)type of company
Hungarian korlátolt felelősségű társaság
  • korlátolt felelősségű társaságtype of company
Italian società a responsabilità limitata
  • società a responsabilità limitatatype of company
Japanese 有限責任会社, エルエルシー
  • 有限責任会社 (yūgen sekinin gaisha)type of company
  • エルエルシー (eru-eru-shī)type of company
  • ＬＬＣ (ＬＬＣ)type of company
Korean 유한책임회사
  • 유한책임회사 (yuhanchaegimhoesa)type of company
Latvian sabiedrība ar ierobežotu atbildību, SIA
  • sabiedrība ar ierobežotu atbildībutype of company
  • SIAtype of company
Lithuanian (UAB) uždaroji akcinė bendrovė
  • (UAB) uždaroji akcinė bendrovėtype of company
Malay syarikat liabiliti terhad
  • syarikat liabiliti terhadtype of company
Norwegian Bokmål aksjeselskap
  • aksjeselskaptype of company
Polish spółka z ograniczoną odpowiedzialnością, spółka z o.o.
  • spółka z ograniczoną odpowiedzialnościątype of company
  • spółka z o.o.type of company
  • sp. z o.o.type of company
Portuguese (Lda.) limitada, sociedade de responsabilidade limitada
  • (Lda.) limitadatype of company
  • sociedade de responsabilidade limitadatype of company
Romanian societate cu răspundere limitată
  • societate cu răspundere limitatătype of company
Russian о́бщество с ограни́ченной отве́тственностью, ООО
  • о́бщество с ограни́ченной отве́тственностью (óbščestvo s ograníčennoj otvétstvennostʹju)type of company
  • ООО (OOO)type of company
Slovak spoločnosť s ručením obmedzeným
  • spoločnosť s ručením obmedzenýmtype of company
Spanish sociedad de responsabilidad limitada
  • sociedad de responsabilidad limitadatype of company
Thai บริษัทมหจำกัด
  • บริษัทมหจำกัด (bɔɔ-rí-sàt-má-hà-jam-gàt)type of company
Turkish sınırlı sorumlu şirket
  • sınırlı sorumlu şirkettype of company
Ukrainian товари́ство з обме́женою відповіда́льністю, ТОВ
  • товари́ство з обме́женою відповіда́льністю (tovarýstvo z obméženoju vidpovidálʹnistju)type of company
  • ТОВ (TOV)type of company
  • ТзОВ (TzOV)type of company
Vietnamese công ty trách nhiệm hữu hạn
  • công ty trách nhiệm hữu hạntype of company
Cite this entry
APA

limited liability company. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/limited%20liability%20company

MLA

“limited liability company.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/limited%20liability%20company. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “limited liability company,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/limited%20liability%20company.

Source: limited liability company on Wiktionary, CC BY-SA 4.0.