A liquid crystal display comprising a liquid crystal cell for performing display of black in a state where the majority of liquid crystal molecules align substantially perpendicularly to the substrate and the in plane retardation is substantially zero, and a first polarizing film and a second polarizing film in a Cross-Nicol relationship with each other on both sides of the liquid crystal cell; wherein the first polarizing film comprises a first uniaxial retardation film and a first polarizing element; the first uniaxial retardation film having an optical axis in plane and where extraordinary ray refraction index>ordinary ray refraction index, wherein the first retardation film satisfies the following equations to: 118 nm ≤ Rxy 550 ≤ 160 nm − 10 nm ≤ Ryz 550 ≤ 10 nm 0.75 ≤ Rxy 450 / Rxy 550 ≤ 0.97 1.03 ≤ Rxy 650 / Rxy 550 ≤ 1.25 in equations to, Rxy(λ), Ryz (λ) represent the retardation Rxy, Ryz of the first retardation film at wavelength λnm respectively, and are defined as Rxy = (nx-ny)xd, Ryz = (ny-nz)xd where nx, ny (nx>ny) are the principal refraction indexes in the in plane direction, nz is the principal refraction index in the out of plane direction, and d is the thickness in the first retardation film; the first polarizing film is stacked without interposing a film exhibiting birefringence between the first retardation film and the first polarizing element, and the nx direction of the first retardation film and the absorption axis of the first polarizing element are arranged in a substantially orthogonal relationship; the second polarizing film includes a second uniaxial retardation film satisfying the following equations and: 0 nm ≤ Rxy 550 ≤ 10 nm 71 nm ≤ Rlc 550 − Rxz 550 ≤ 142 nm in equations and, Rxy(λ), Rxz (λ) represent the retardation Rxy, Rxz of the second retardation film at wavelength λ nm respectively, and are defined as Rxy = (nx-ny) · d", Rxz = (nx-nz).d" where nx, ny (nx≥ny) are the principal refraction indexes in the in plane direction, nz is the principal refraction index in the out of plane direction, and d" is the thickness in the second retardation film, and in equation, R1c (λ) represents the retardation Rlc of the liquid crystal cell at wavelength λnm, and is defined as R1c = (ne-no)xd' where ne is the extraordinary ray refraction index, no is the ordinary ray refraction index, and d' is the thickness in the liquid crystal cell, and the second uniaxial retardation film having an optical axis out of plane and where extraordinary ray refraction index < ordinary ray refraction index and a second polarizing element; the second polarizing film is stacked without interposing a film exhibiting birefringence between the second respective retardation film and the second polarizing element, and has the side of the second retardation film on the liquid crystal cell side; wherein the second uniaxial retardation film satisfies the following equation: Rlc 450 − Rxz 450 ≤ Rlc 550 − Rxz 550 ≤ Rlc 650 − Rxz 650 in equation, Rxz (λ) represents the retardation Rxz of the second retardation film at wavelength λnm, and is defined as Rxz = (nx-nz) · d" where nx, ny (nx≥ny) is the principal refraction indexes in the in plane direction, nz is the principal refraction index in the out of plane direction, and d" is the thickness in the second retardation film, and R1c(λ) represents the retardation Rlc of the liquid crystal cell at wavelength λnm, and is defined as R1c = (ne-no)xd' where ne is the extraordinary ray refraction index, no is the ordinary ray refraction index, and d' is the thickness in the liquid crystal cell.