|
|
General partnership |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
General partnershipA partnership in which all participants are general partners.General partnership Similar MatchesLimited partnershipLimited partnershipA partnership comprising a general partner and limited partners. The general partner operates the partnership and is fully liable for the debts of the firm. Limited partners receive some of the profits and have no influence in management. However their liabilities are limited to their original investment. Private limited partnershipPrivate limited partnershipA limited partnership with no more than 35 participants that is not registered with the SEC. PartnershipPartnershipTwo or more people who jointly own a business. There are two types of partners, that is, general partners and limited partners. General partners are fully responsible for the debts of the business and have unlimited liability. Limited partners are liable only to the extent of their original investment and are not allowed to participate in its management. Partnership agreementPartnership agreementA written agreement among partners detailing the terms and conditions of participation in a business ownership arrangement. Limited partnershipLimited partnershipA partnership that includes one or more partners who have limited liability. Further SuggestionsVenture capital limited partnershipPartnership Public limited partnership Equipment leasing partnership Income limited partnership Master limited partnership (MLP) Research and development limited partnership Resyndication limited partnership |
|
|
|