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limited partnership

American  

noun

  1. a partnership formed by at least one general partner and at least one special partner.


Etymology

Origin of limited partnership

First recorded in 1905–10

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Investors who gave up on energy infrastructure after the master limited partnership sector crashed in 2020 have good reason to take another look.

From Barron's • Jun. 5, 2026

Juggernaut Fund LP is the private limited partnership through which Druckenmiller manages his personal $11 billion fortune.

From MarketWatch • May 7, 2026

Investigations by authorities obtained documents identifying the owner of the tanker as a Cardiff-based limited partnership called Mister Drake PC.

From BBC • Nov. 2, 2023

There are six common types of business entities: sole proprietorship, general partnership, limited partnership, C corporation, S corporation and limited liability company.

From Seattle Times • Sep. 21, 2021

Limited partnership association acts and business trusts; with the texts of the Uniform partnership act and the Uniform limited partnership act.

From U.S. Copyright Renewals, 1951 July - December by Library of Congress. Copyright Office

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