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limited partner

limited partner

noun

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

“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of limited partner1

First recorded in 1905–10
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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.

Tokyo would be a limited partner in this government-equity deal.

“Brady was sitting in the booth in his capacity as a limited partner.”

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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.

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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.

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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.”

Read more on Los Angeles Times

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