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general partnership

noun

a partnership in which each of the partners is fully liable for the firm's debts.

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Take this quiz to see if you really know the difference between “compliment” and “complement"!
Question 1 of 11
“Compliment” and “complement” had a shared meaning a long time ago, but today they are no longer interchangeable.
True
False
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Compare limited partnership.

Words nearby general partnership

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Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020