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limited partner
limited partner
noun
a business partner who has no management authority and no personal liability
Word History and Origins
Origin of limited partner1
Example Sentences
“Brady was sitting in the booth in his capacity as a limited partner.”
Brady was sitting in the booth in his capacity as a limited partner,” NFL chief spokesperson Brian McCarthy said in a statement emailed to The Times.
The Chargers welcomed Arctos as a limited partner Tuesday as NFL owners approved a sale that transferred some the team’s shares to the Dallas-based private equity firm that already has ties to the Dodgers.
Of team ownership, he said, “The best part for me is I love football so much and the fact that I get to be involved with it for the rest of my life and showcase this great game, not just as a broadcaster, but in a limited partner role with an organization.”
Under the new plan, the publications will now be owned by a new registered company in England, of which RedBird IMI, led by former CNN executive Jeff Zucker, is a limited partner.
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