Meaning & use
LLC
Last updated
Meanings
abbreviationcountable
A type of US company where owners are not personally liable for debts, but profits go directly to them for tax.
Grammar: Countable: an LLC, two LLCs. Often used after a company name.
Patterns
- form an LLC
- register as an LLC
- Company Name LLC
They formed an LLC to protect their personal assets.
Brightwater Consulting LLC is registered in Delaware.
Many small businesses operate as an LLC.
abbreviation
Used after a company's name to show it is this type of company.
Grammar: Written in capitals and placed after the name, often with a comma.
Patterns
- Company Name, LLC
- Company Name LLC
She works for Smith & Jones, LLC.
Greenfield Farms LLC announced a new product.
The contract was signed with TechSolutions LLC.
Word forms
| plural | LLCs |
|---|
Common combinations
- form an LLC
- It cost $500 to form an LLC in that state.
- operate as an LLC
- The restaurant operates as an LLC.
- single-member LLC
- A single-member LLC is owned by one person.
- LLC agreement
- The LLC agreement outlines profit sharing.
Synonyms and how they differ
Commonly confused: LLC or Ltd?
LLC vs Ltd
British term for a limited company; similar but not identical to LLC.
Practice
In the US, which abbreviation shows a company where owners are not personally responsible for debts?
Choose one answer.
LLC stands for Limited Liability Company, which gives owners liability protection. Ltd is British, Inc. and Corp. are other US business types.
Make it your own
Write a sentence using “LLC”, then check it and compare it with the examples above.