Limited Liability Partnership

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
LLP
Pronunciation
/ˈlɪmɪtɪd ˌlaɪəˈbɪlɪti ˈpɑrtnərˌʃɪp/
Category
Business
Related Field
General

Examples in Context

  1. A limited liability partnership is a relatively new form of business organization.
  2. Unlike a limited partnership, all of the partners in a limited liability partnership may participate in management of the firm.
  3. The Scope of Limited Liability in the Limited Liability Partnership(LLP)
  4. One kind of partnership is called a limited liability partnership.
  5. The starting point for most firms is for an individual or group of individuals to set up a limited liability partnership ( LLP ) and raise capital from a group of investors.

Other meanings of LLP

Limited Liability Partnerships Misc
Live Long & Prosper Medical
Lifelong Learning Plan Community
Lead Logistics Provider Business
Local Language Program Academic
Lower Layer Protocol Misc
Lower Level Protocol Gov
Life Limited Part Misc
Lattitude Longitude Position Computing
Linear Logic Programming Gov