Limited partner


 

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Limited partner

A partner who has limited legal liability for the obligations of the partnership.



Limited partner

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Venture capital limited partnership

Venture capital limited partnership

A partnership between a startup company and a brokerage firm or entrepreneurial company that provides capital for the new business in return for stock in the company and a share of the profits.


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The principle that the liability of shareholders for debts of a corporation or limited company is limited to the nominal value of their shares. In other words, their personal assets are not at risk if the company becomes insolvent and is liquidated.


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A limited partnership with an unlimited number of partners that is registered with the SEC and is available for public trading by broke../../finance-glossary/dealers.


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Full liability for the debt and other obligations of a legal entity. The general partners of a partnership have unlimited liability.


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