Short Term Rental Dictionary

short term rental

GLOSS

ARY

Search for the words that you want to know about the STR market.

LIMITED COMPANY / LLC COMPANY

LIMITED COMPANY / LLC COMPANY

A limited liability company (LLC) is a business structure in the United States whereby the owners are not personally liable for the company’s debts or liabilities. Limited liability companies are hybrid entities that combine the characteristics of a corporation with those of a partnership or sole proprietorship.

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