Partnership


 

Home
Site Map
Add Term
Search
About Us
Contributors

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.

Partnership

Shared 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 Matches

Resyndication limited partnership

Resyndication limited partnership

The 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 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.


General partnership

General partnership

A partnership in which all participants are general partners. 


Limited partnership

Limited partnership

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


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.


Further Suggestions

Master limited partnership (MLP)
Equipment leasing partnership
Venture capital limited partnership
limited partnership
Private limited partnership
Partnership agreement
Income limited partnership


 
All rights Reserved. Do not copy without permission. T4 Innovations Ltd