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    What does the LLC mean at the end of a company's name? Example: The John Doe Company, LLC?

    Question #106577. Asked by 29CoveRoad. (Jun 24 09 3:24 PM)


    Trooper2196

    		Limited liability company

    http://en.wikipedia.org/wiki/Limited_liability_company

    Jun 24 09, 3:28 PM
    wildmatz

    		Limited liability company (abbreviated L.L.C. or LLC, a legal form of business company that provides limited liability to its owners

    http://en.wikipedia.org/wiki/Limited_liability_company

    Jun 24 09, 3:29 PM
    JCSon

    		LLC stands for Limited Liability Company, and is basically a blend of a corporation and a sole-proprietorship inasmuch as the owner's are granted limited liability and broader flexibility (e.g. in terms of taxation options).

    Sources:
    http://en.wikipedia.org/wiki/Limited_liability_company
    http://www.llc.com/

    Jun 24 09, 3:33 PM

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