What do the letters 'LLC' after a company's name stand for?

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LIMITED LIABILITY COMPANY The LLC is not a partnership or a corporation. It is a distinct business entity that offers an alternative to partnerships and corporations by combining the corporate advantages of limited liability with the partnership advantage of pass-through taxation. You can learn more at: http://smallbusiness.yahoo.com/start_a_new_business/business_incorporation/llc_faq.html#faq5 Oct 14 01, 8:36 AM

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