Examlex
A mutual fund had average daily assets of $2.0 billion in 2012.The fund sold $500 million worth of stock and purchased $600 million worth of stock during the year.The fund's turnover ratio is
LLC Statutes
Legal regulations governing the formation, operation, and dissolution of Limited Liability Companies.
Mergers
The combination of two or more companies into a single legal entity, often to achieve greater efficiency or market share.
Surviving LLC
A term used to describe a limited liability company that continues to exist after a merger or consolidation, absorbing the assets and liabilities of the other entity.
LLC
Limited Liability Company; a business structure in the United States that protects its owners from personal responsibility for its debts or liabilities.
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