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. 


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.


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.


Private limited partnership

Private limited partnership

A limited partnership with no more than 35 participants that is not registered with the SEC.


Partnership

Partnership

Two 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.


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Master limited partnership (MLP)
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