Public limited partnership


 

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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.



Public limited partnership

Similar Matches

Partnership

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.


General partnership

General partnership

A partnership in which all participants are general partners. 


Limited partnership

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.


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.


Master limited partnership (MLP)

Master limited partnership (MLP)

A publicly traded limited partnership.


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