| 单词 | limited liability company |
| 释义 | > as lemmaslimited liability company limited liability company n. (also limited liability firm) a company whose members' liability for its debts is legally limited to the extent of their investment. Now usually limited company.Limited liability companies were established in the United Kingdom by the Limited Liability Act of 1855, allowing limited liability to companies of more than 25 members (shareholders). ΚΠ 1855 Law Times Rep. 11 Aug. 221/2 According to the Bill as sent to the Lords, the directors of a limited liability company have no responsibility beyond the amount of their 10l. share. 1890 Rev. of Reviews 2 541/1 Barings were as good as the Bank once. Now they are only a limited liability firm. 1944 G. M. Trevelyan Eng. Social Hist. xviii. 572 Many an old family firm was replaced by a Limited Liability Company with a bureaucracy of salaried managers. 2011 N.Y. Times 13 Oct. (Late ed.) b2/2 One such company..was about to become a traditional limited liability company, or L.L.C. < as lemmas |
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