Limited Liability Company (LLC)
A corporate structure whereby the shareholders of the company have a limited liability to the company's actions.

Investopedia Says:
Basically, an LLC is a hybrid between a partnership and a corporation.

Related Terms:
Consortium
Corporation
Limited Company - LC
Limited Liability
Limited Partnership - LP
Partnership

• Preferred Equity Redemption Stock (PERC)
• Preferred Equity Redemption Stock (PERC)
• Preferred Redeemable Increased Dividend Equity Security (PRIDES)
• Preferred Redeemable Increased Dividend Equity Security (PRIDES)
• Preferred Stock
• Preliminary Prospectus
• Pre-Market
• Premium
• Premium Adjustable Convertible Security (PEACS)
• Premium Adjustable Convertible Security (PEACS)
• Premium Bond
• Premium Put Convertible
• Premium To Net Asset Value
• Pre-Money Valuation
• Prenuptial Agreement
• Prepaid Expense
• Prepaid Interest
• Prepayment
• Prepayment Penalty
• Prepayment Risk
• Prepetition Liability
• Pre-Qualification
• Pre-Refunding Bond
• Present Situation Index
• Present Value Interest Factor (PVIF)