LLP

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Limited liability partnership
A limited liability partnership (LLP) has elements of partnerships and corporations. In an LLP, all partners have a form of limited liability, similar to that of the shareholders of a corporation. However, the partners have the right to manage the business directly, and (in many areas) a different level of tax liability than in a corporation.
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LLP
Lower Layer Protocol


(c) Copyright 1993 by Denis Howe

Most Common Acronyms and Abbreviations DictionaryDownload this dictionary
LLP
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©1988-2002, All Rights Reserved, AcronymFinder.com

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LLP
Lightning Location and Protection
  

Source: NOAA's National Weather Service, Aviation Weather Center.

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