limited partner

noun

1. special partner.

limited partner

noun

1. a business partner who has no management authority and no personal liability

Word History and Origins

Origin of limited partner¹

First recorded in 1905–10

Example Sentences

The pension or endowment fund becomes a limited partner, which means it simply put up money.

From The Daily Beast

In many cases, Lehman was a limited partner, with equity in the building but no immediate decision-making or funding role.

From The Daily Beast