Definition

Limited Liability Company (LLC)

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A Limited Liability Company (LLC) is the United States specific form of a private limited company providing a limited liability to the owners in several jurisdictions to the extent of capital invested. Such companies are recognized for the flexibility that they offer to business holders and on the basis of situation, an LLC might choose to utilize corporate tax rules as an alternative of being treated as a partnership. 

Term of the day

Default Risk Premium

What is Default risk premium? Default risk premium refers to the additional return received by the lender from the borrower by assuming default risk. Default r......
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