Provided is a
liquid crystal display device of a TN type which is improved on a
display contrast, gray scale characteristics and viewing angle characteristics of a display color. A
liquid crystal cell of a TN type for drive is sandwiched by a pair of upper and lower polarizing plates and at least one compensating film which has an
extinction axis angle of 5 to 90 degrees as an absolute value and an optical rotating angle of 0.5 to 10 degrees as an absolute value, wherein signs of the
extinction axis angle and the optical rotating angle are contrary to each other, is inserted between the
liquid crystal cell and the upper polarizing plate, or between the
liquid crystal cell and the lower polarizing plate, or at least two compensating films are respectively inserted between the
liquid crystal cell and the upper polarizing plate, and between the
liquid crystal cell and the lower polarizing plate, wherein a quasi
fast axis vector of a compensating film and an easy axis vector of an
electrode substrate nearer the compensating film of the liquid
crystal cell satisfy an angular relation therebetween in the range of -30 to +30 degrees or +150 to +210 degrees.