Marine Life Llp

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Information about words in this company name or address

marine

1. of or pertaining to the sea; existing in or produced by the sea: marine vegetation.
2. pertaining to navigation or shipping; nautical; naval; maritime.
3. serving on shipboard, as soldiers.
4. of or belonging to the marines.
5. adapted for use at sea: a marine barometer.
6. a member of the U.S. Marine Corps.
7. one of a class of naval troops serving both on shipboard and on land.
8. seagoing ships collectively, esp. with reference to nationality or class; shipping in general.
9. a picture with a marine subject; seascape.
10. naval affairs, or the department of a government, as in France, having to do with such affairs.
11. dead marine, Australian Slang.an empty bottle of beer or spirits.
12. tell it or that to the marines! I don''t believe your story; I refuse to be fooled.

life

1. the condition that distinguishes organisms from inorganic objects and dead organisms, being manifested by growth through metabolism, reproduction, and the power of adaptation to environment through changes originating internally.
2. the sum of the distinguishing phenomena of organisms, esp. metabolism, growth, reproduction, and adaptation to environment.
3. the animate existence or period of animate existence of an individual: to risk one''s life; a short life and a merry one.
4. a corresponding state, existence, or principle of existence conceived of as belonging to the soul: eternal life.
5. the general or universal condition of human existence: Too bad, but life is like that.
6. any specified period of animate existence: a man in middle life.
7. the period of existence, activity, or effectiveness of something inanimate, as a machine, lease, or play: The life of the car may be ten years.
8. a living being: Several lives were lost.
9. living things collectively: the hope of discovering life on other planets; insect life.
10. a particular aspect of existence: He enjoys an active physical life.
11. the course of existence or sum of experiences and actions that constitute a person''s existence: His business has been his entire life.
12. a biography: a newly published life of Willa Cather.
13. animation; liveliness; spirit: a speech full of life.
14. resilience; elasticity.
15. the force that makes or keeps something alive; the vivifying or quickening principle: The life of the treaty has been an increase of mutual understanding and respect.
16. a mode or manner of existence, as in the world of affairs or society: So far her business life has not overlapped her social

llp

A limited liability partnership is a partnership in which some or all partners have limited liability. It therefore exhibits elements of partnerships and corporations. In an LLP one partner is not responsible or liable for another partner''s misconduct or negligence. This is an important difference from that of a limited partnership. In an LLP, some partners have a form of limited liability similar to that of the shareholders of a corporation. In some countries, an LLP must also have at least one "general partner" with unlimited liability. Unlike corporate shareholders, the partners have the right to manage the business directly. As opposed to that, corporate shareholders have to elect a board of directors under the laws of various state charters. The board organizes itself 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.

Limited liability partnerships are distinct from limited partnerships in some countries, which may allow all LLP partners to have limited liability, while a limited partnership may require at least one unlimited partner and allow others to assume the role of a passive and limited liability investor. As a result, in these countries the LLP is more suited for businesses where all investors wish to take an active role in management.