general | February 27, 2026

Operating agreement - How To Discuss

Operating agreement,

Definition of Operating agreement:

  1. A legal document for the purpose of giving a detailed connection between a company and one or more of its investors in setting up and operating a program to make investments.

Meaning of Operating agreement & Operating agreement Definition

Operating Agreement,

Operating Agreement Definition:

The definition of Operating Agreement is: A contract, usually a written document that sets out the rules used by a limited liability company (LLC). This is the equivalent of a partnership or company rules LLC agreement.

Literal Meanings of Operating Agreement

Operating:

Meanings of Operating:
  1. (One person) controlling the operation (machine, process or system)

  2. Surgical intervention.

Sentences of Operating
  1. The Prime Minister uses the system of distribution to govern

  2. Surgeons operated on his jaw yesterday morning

Synonyms of Operating

run, be in charge of, carry out an operation, use, perform surgery, manage, set off, wield, make go, work, employ, intervene, control, handle, utilize, ply

Agreement:

Meanings of Agreement:
  1. Harmony or consensus of opinion or sense of position or result of an agreement.

Sentences of Agreement
  1. The government has not reached an agreement

Synonyms of Agreement

sympathy, consensus, concord, rapport, harmony, accordance, unity, like-mindedness, accord, concurrence, unison

Operating Agreement,

Operating Agreement means,

  1. A simple definition of Operating Agreement is: A contract, usually a written document that sets out the rules by which a limited liability company (LLC) operates. This is equivalent to a partnership or company rules LLC agreement.

Literal Meanings of Operating Agreement

Operating:

Synonyms of Operating

drive, manipulate, pilot, manoeuvre, exercise, guide, steer, put someone under the knife

Agreement:

Synonyms of Agreement

assent, arrangement, compact, concordat, pact, promise, covenant, confirmation, entente, acceptance, treaty, consent, settlement, protocol, understanding, contract, deal, pledge, bargain, bond, acquiescence, endorsement

Operating Agreement

Agreement, usually a written document that sets out the rules under which a limited liability company (LLC) must operate. This is the LLC equivalent of a company's FOUNDATION LETTER or COOPERATION AGREEMENT.