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Partnership |
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PartnershipTwo 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.PartnershipShared ownership among two or more individuals, some of whom may, but do not necessarily, have limited liability with respect to obligations of the group. See: General partnership, limited partnership, and master limited partnership.Partnership Similar MatchesResyndication limited partnershipResyndication limited partnershipThe sale of existing properties to new limited partners, so that they can receive the tax advantages that are no longer available to the old partners. Public limited partnershipPublic limited partnershipA 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. General partnershipGeneral partnershipA partnership in which all participants are general partners. Limited partnershipLimited partnershipA partnership that includes one or more partners who have limited liability. Research and development limited partnershipResearch and development limited partnershipA partnership whose investors put up money to finance new product R&D in return for profits generated from the products. Further SuggestionsMaster limited partnership (MLP)Equipment leasing partnership Venture capital limited partnership limited partnership Private limited partnership Partnership agreement Income limited partnership |
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