limited (liability) partnership
41partnership agreement — articles of partnership An agreement made between the partners of a partnership In the absence of either an express or an implied agreement the provisions of the Partnership Act (1890) apply. These provisions are also applicable if an agreement… …
42Limited Partnership - LP — Two or more partners united to conduct a business jointly, and in which one or more of the partners is liable only to the extent of the amount of money that partner has invested. Limited partners do not receive dividends, but enjoy direct access… …
43limited partner — See partnership See also limited liability partnership …
44limited partner — see partner Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. limited partner …
45partnership — a legal business relationship of two or more people who share responsibilities, resources, profits, and liabilities. Glossary of Business Terms See general partnership and limited partnership. American Banker Glossary Shared ownership among two… …
46Partnership — Shared ownership among two or more individuals, some of whom may, but do not necessarily, have limited liability. See: general partnership, limited partnership, and master limited partnership. The New York Times Financial Glossary * * *… …
47limited partnership — Type of partnership comprised of one or more general partners who manage business and who are personally liable for partnership debts, and one or more limited partners who contribute capital and share in profits but who take no part in running… …
48limited partnership — Type of partnership comprised of one or more general partners who manage business and who are personally liable for partnership debts, and one or more limited partners who contribute capital and share in profits but who take no part in running… …
49limited partnership — a legal partnership where some owners are allowed to assume responsibility only up to the amount invested. Glossary of Business Terms A partnership with at least one general partner and at least one, often more, limited partner( s). The general… …
50Limited partnership — A partnership that includes one or more partners who have limited liability. The New York Times Financial Glossary * * * limited partnership limited partnership ➔ partnership * * * limited partnership UK US noun [C] LAW ► a company where only… …
