Limited partnership


 

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Limited partnership

A 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.

Limited partnership

A partnership that includes one or more partners who have limited liability.



Limited partnership

Similar Matches

General partnership

General partnership

A partnership in which all participants are general partners. 


Partnership agreement

Partnership agreement

A written agreement among partners detailing the terms and conditions of participation in a business ownership arrangement.


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.


Research and development limited partnership

Research and development limited partnership

A partnership whose investors put up money to finance new product R&D in return for profits generated from the products.


Public limited partnership

Public limited partnership

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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