limited liability

“The low-profit, limited liability corporation or L3C seeks to combine the features of a regular limited liability company with the socially beneficial aspects of a nonprofit.”

Simon & Schuster: Creative Capitalism

“Another example is the low-profit limited liability company, or L3C, which is a for-profit legal entity with the explicit purpose of engaging in socially beneficial activities.”

Simon & Schuster: Creative Capitalism

“The limited liability company (LLC) and the limited partnership (LP) are blessed with the charging-order rule.”

Simon & Schuster: Creating Wealth

“Knox's idea was to plant forty fishing villages at spots twenty-five miles apart between the Mull of Cantyre and the Dornoch Firth at a cost of L2000 apiece, or at least as many of them as money could be obtained to start; and the scheme rose high in public favour when the parliamentary committee on Scotch Fisheries gave it a general recommendation in 1785, and suggested the incorporation of a limited liability company by Act of Parliament in order to carry it out.”

Life of Adam Smith

“That FINCO will take steps to float a limited liability company hereinafter referred to as the Company to carry on the business of producing and marketing wood charcoal in Sri Lanka.”

Simon & Schuster: Strategic Management in Developing Countries Case Studies

“Factories and workshops took the place of home industries; the small trader and the master-craftsman fell under the domination first of the big employer and later of the limited liability company.”

Marriage as a Trade