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general partnership

American  

noun

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


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.

While Blue Owl has emphasized its private-credit business in recent years, it also has two other businesses in real assets and in general partnership stakes, where it buys minority equity stakes in money managers.

From The Wall Street Journal • Apr. 17, 2026

“The ministry has no record of a registration under the Business Names Act for a corporation or general partnership with the name ‘Interleave, Inc,’ ” the organization told me.

From Slate • Aug. 4, 2025

When a DAO comes into contact with general partnership law, something bad happens.

From The Verge • Feb. 22, 2022

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

He says: This is an excise tax upon the privilege of doing business as an artificial entity and of freedom from a general partnership liability enjoyed by those who own the stock.

From Our Changing Constitution by Pierson, Charles Wheeler

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