81dbc794_on_Terms_to_Know___For_Dummies__What_It_Means
[Term] LLC (limited liability company) [What It Means] 
An artificial entity created under and governed by the laws of the jurisdiction in which it was formed. Limited liability companies are generally able to provide the limited personal liability of corporations and the pass-through taxation of partnerships or S corporations.
Business Incorporation Terms to Know - For Dummies