English - Turkish
Definition of llc in English Turkish dictionary
- (Ahlak Bilimi) Ltd Şti
English - English
Definition of llc in English English dictionary
- Logical Link Control: one of the two functions of a NIC
- Limited liability company
- {i} business or company organized in such a manner that its owners and shareholders are not personally liable for debts or other business liabilities (such as damages from lawsuits)
- Logical Link Control
- Lower Left Corner
- Logical Link Control A standardized protocol and service interface provided at the data link layer and independent of any specific LAN technology Specified in the IEEE 802 2 standard
- The LLC form is different for different states, with some real advantages in some states that aren't relevant in others An LLC is usually a lot like an S corporation, a combination of some limitatiuon on legal liability and some favorable tax treatment for profits and transfer of assets This is a newer form of legal entity, and often harder to establish than a corporation Why would you establish an LLC instead of a corporation? That's a tough legal question, not one we can answer here In general, the LLC has to be missing two of the four characteristics of a corporation (limited liability, centralized management, continuity of life, and free transferability of ownership interest) Still, with the advisability and advantages varying from state to state, here again, this is a question to take to a good local attorney with small business experience
- See: Logical Link Control [RFC 1983]
- Logical Link Control An IEEE-defined sublayer of the OSI link layer, handling error control, flow control, and framing
- Logical Link Control, a sublayer of the data link layer for media independent data link functions
- Logical Link Control is an interface that defines several common interfaces between higher-level protocols (for example, IP) and the networks they ride upon (for example, Ethernet, Token Ring, and others)
- Logical Link Control Higher of the two data link layer sublayers defined by the IEEE The LLC sublayer handles error control, flow control, framing, and MAC-sublayer addressing The most prevalent LLC protocol is IEEE 802 2, which includes both connectionless and connection-oriented variants See also data-link control layer and MAC
- also called Limited Liability Partnership (LLP) It a new type of partnership that is now permitted in many states Unlike a regular and limited partnership, in an LLC, all partners enjoy limited liability with regard to business's liabilities, and, in that regard, they are similar to shareholders in a corporation
- limited liability corporation
- A type of company whose owners and managers receive the limited liability and tax benefits of an S Corporation without having to conform to the S corporation restrictions
- Logical Link Control An IEEE network standard (#802 2) that fits within the ISO/OSI Layer 2: data link layer, on top of the MAC sub-layer It deals with error detection, flow control, and frame formats
- A protocol developed by the IEEE 802 committee for data-link-layer transmission control; the upper sublayer of the IEEE Layer 2 (OSI) protocol that complements the MAC protocol; IEEE standard 802 2; includes end-system addressing and error checking
- Logical Link Control (IEEE 802 2)
- Logic Link Control A sublayer of the Data Link layer which passes data to the MAC layer
- Abbreviation for logical link control See logical link control sublayer
- A data link protocol based or HDLC, developed for LANs by the IEEE 802 Committee and consequently common to all LAN standards for Data Link OSI Layer Two transmission