A liquid crystal display panel (100A, 100B) includes a transverse electric field mode liquid crystal cell (10), a first polarizing plate (22A, 22B) disposed on a back surface side of the liquid crystal cell (10), and a second polarizing plate (24A, 24B) disposed on a viewer's side of the liquid crystal cell (10). A liquid crystal layer (18) contains a nematic liquid crystal whose dielectric anisotropy is negative. The liquid crystal layer (18) has .DELTA.nd of less than 550 nm, where .DELTA.n is the birefringent index of the nematic liquid crystal and d is the thickness of the liquid crystal layer. The liquid crystal layer (18) is in a twist alignment state when no voltage is applied. When polarized light whose Stokes parameter S3 takes on an absolute value -S3- of 1.00 enters the liquid crystal layer (18), -S3- of polarized light having perpendicularly passed through the liquid crystal layer (18) is 0.85 or greater. The first polarizing plate (22A, 22B) and the second polarizing plate (24A, 24B) are circularly polarizing plates or elliptically polarizing plates whose ellipticity is 0.422 or greater.
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