What does llp mean?

Definitions for llp
llp

This dictionary definitions page includes all the possible meanings, example usage and translations of the word llp.


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Wiktionary

  1. LLPnoun

    Limited liability partnership.

Wikipedia

  1. llp

    A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore can exhibit elements of partnerships and corporations. In an LLP, each partner is not responsible or liable for another partner's misconduct or negligence. This distinguishes an LLP from a traditional partnership under the UK Partnership Act 1890, in which each partner has joint (but not several) liability. In an LLP, some or all partners have a form of limited liability similar to that of the shareholders of a corporation. Unlike corporate shareholders, the partners have the power to manage the business directly. In contrast, corporate shareholders must elect a board of directors under the laws of various state charters. The board organizes itself (also under the laws of the various state charters) and hires corporate officers who then have as "corporate" individuals the legal responsibility to manage the corporation in the corporation's best interest. An LLP also contains a different level of tax liability from that of a corporation.

Suggested Resources

  1. LLP

    What does LLP stand for? -- Explore the various meanings for the LLP acronym on the Abbreviations.com website.

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Numerology

  1. Chaldean Numerology

    The numerical value of llp in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of llp in Pythagorean Numerology is: 4

Examples of llp in a Sentence

  1. Christopher Grove:

    Withers LLP's a quirk of the way the system works at the edges, rather than something more deliberate.

  2. Eagan Avenatti:

    Eagan Avenatti, LLP has never represented Ms. Clifford, eagan Avenatti, LLP has never had any retention agreement with Ms.Clifford…Ms. Clifford never hired Eagan Avenatti, LLP…Eagan Avenatti, LLP is not entitled to any fees from Ms. Clifford…and Eagan Avenatti, LLP has no right to any fees raised from Crowdjustice.com.

  3. Ben Chew:

    Today, Beckie Scott and Edwin Moses expressed their extreme disappointment in the report released today by The World Anti-Doping Agency (WADA) through their appointed law firm, Covington & Burling LLP, whitewashing complaints of harassment and intimidation, wADA is supposed to be committed to the athletes and fair play.

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"llp." Definitions.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.definitions.net/definition/llp>.

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