Can LLVM generate a compiler once implemented?

[Justice via digitalmars-d-ldc]

Essentially, is LLVM a compiler generator or does it simply a 
generic compiler that one builds languages for?

e.g., could I design my own language using LLVM and get something 
like "myLang++.exe" and use independently of anything LLVM? 
(e.g., sell it, include it in an app to compile user programs, 
etc?)