a partnership in which each of the partners is fully liable for the firm's debts.
CAN YOU ACE THIS QUIZ ABOUT “COMPLIMENT” VS. “COMPLEMENT”?
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.
Compare limited partnership.
Words nearby general partnership
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020